Kane County Farm Bureau Foundation

Analysis

Kane County Farm Bureau Foundation is a registered charity in United States, based in St Charles, IL. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Kane County Farm Bureau Foundation reported income of $122k and spending of $31k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $40k to $122k (+204%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kane County Farm Bureau Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Outreach Center Inc ($122k), Rotary Club of Grand Rapids- Charities Foundation ($122k) and Georgia Street Community Collective Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.4% of the total. At year end it held assets of $743k against liabilities of $44k, net assets of $700k.