Outstanding Farmers of America

Analysis

Outstanding Farmers of America is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Outstanding Farmers of America reported income of $232k and spending of $199k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $232k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Outstanding Farmers of America sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within OK. Charities of a similar size with the same main cause include Karen Ann Quinlan Charitable Foundation Inc ($232k), Infinite Family ($232k) and North Shore Soccer Club Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $540k against liabilities of $11k, net assets of $529k.