Farm Bureau Foundation

Analysis

Farm Bureau Foundation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 1962, 64 years ago. 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, Farm Bureau Foundation reported income of $161k and spending of $127k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $161k (+6.5%), an average of +6.5% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farm Bureau Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Lamoure Lions ($161k), Luray Volunteer Resque Squad Inc ($161k) and Sacred Heart Education Endowment Fund Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $320k against liabilities of $0, net assets of $320k.