Institute for Agriculture and Trade Policy

Analysis

Institute for Agriculture and Trade Policy is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute for Agriculture and Trade Policy reported income of $1.6m and spending of $2.0m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $813k to $1.6m (+102%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Institute for Agriculture and Trade Policy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Store to Door ($1.6m), Programs for Exceptional People ($1.6m) and Masters Manna Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $246k (12% of expenses). Other salaries and wages came to $949k. At year end it held assets of $2.5m against liabilities of $384k, net assets of $2.1m. It reported 18 employees.