Agricultural Incubator Foundation

Analysis

Agricultural Incubator Foundation is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agricultural Incubator Foundation reported income of $122k and spending of $74k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $122k (-7.2%), an average of -7.2% a year. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agricultural Incubator Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Christian Counsel Associates ($122k), One Heart Nola Inc ($122k) and Sycamore Farm Ky Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $224k against liabilities of $3,615, net assets of $221k.