American Farm Bureau Foundation for Agriculture

Analysis

American Farm Bureau Foundation for Agriculture is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1968, 58 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, American Farm Bureau Foundation for Agriculture reported income of $2.6m and spending of $2.7m, spending 101% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.9m to $2.6m (+41%), an average of +9.0% a year. The sharpest change came in the year to November 2022, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Farm Bureau Foundation for Agriculture sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 71st percentile within DC. Charities of a similar size with the same main cause include Childrens Heartlink ($2.6m), Chadron State Foundation ($2.6m) and Teen Challenge ($2.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 81% and program service revenue 20% of the total. At year end it held assets of $5.8m against liabilities of $414k, net assets of $5.4m.