Agriinstitute Inc

Analysis

Agriinstitute Inc is a registered charity in United States, based in Danville, IN. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agriinstitute Inc reported income of $262k and spending of $306k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $331k to $262k (-21%), an average of -5.7% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agriinstitute Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Farm to Fork ($262k), Day 3 Seeds Inc ($262k) and Raised at Full Draw ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $70k (23% of expenses). Other salaries and wages came to $4,283. At year end it held assets of $535k against liabilities of $8,573, net assets of $527k. It reported 2 employees.