McHenry County Farm Bureau Agricultural Education Foundation

Analysis

McHenry County Farm Bureau Agricultural Education Foundation is a registered charity in United States, based in Woodstock, IL. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, McHenry County Farm Bureau Agricultural Education Foundation reported income of $73k and spending of $77k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $53k to $73k (+37%), an average of +37% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McHenry County Farm Bureau Agricultural Education Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include C I L C ($73k), Dolvin Elementary School Foundation Inc ($73k) and Creative Educational Consultants ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 45% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.