Stephenson County Farm Bureau Foundation

Analysis

Stephenson County Farm Bureau Foundation is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in April 1991, 35 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 August 2024, Stephenson County Farm Bureau Foundation reported income of $50k and spending of $44k, spending 89% of its income. Across the 3 years on record, from August 2022 to August 2024, income fell from $153k to $50k (-67%), an average of -43% a year. The sharpest change came in the year to August 2023, when income dropped by 64%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stephenson County Farm Bureau Foundation sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within IL. Charities of a similar size with the same main cause include Plymouth Fire Relief Association ($50k), Song Manh Inc ($50k) and Healing Hands Inc ($50k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $286k against liabilities of $0, net assets of $286k.