Loudoun Agricultural & Chemical Institute Foundation Inc

Analysis

Loudoun Agricultural & Chemical Institute Foundation Inc is a registered charity in United States, based in Aldie, VA. It received its IRS tax-exemption ruling in November 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Loudoun Agricultural & Chemical Institute Foundation Inc reported income of $149k and spending of $43k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $149k (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loudoun Agricultural & Chemical Institute Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Operation Barnabas Inc ($149k), Thomas Skelton Harrison Foundation ($149k) and National Life Center Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 1.6% of the total. At year end it held assets of $716k against liabilities of $0, net assets of $716k.