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Macon County Farm Bureau Foundation

RegisteredEIN 37-1288321Decatur, ILPoverty relief
Income$110k2024-05
Spending$63ksame year
Spent / received63%2-year average
Size in its cause35th pctPoverty relief
Exempt since1995Publicly supported organisat
Employees–latest return

Analysis

Macon County Farm Bureau Foundation is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in November 1995, 31 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 May 2024, Macon County Farm Bureau Foundation reported income of $110k and spending of $63k, leaving 42% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $67k to $110k (+65%), an average of +65% a year. The sharpest change came in the year to May 2024, when income rose by 65%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Macon County Farm Bureau Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Utica Food Pantry Inc ($110k), Glm2 Foundation Inc ($110k) and Single Parents Rock ($110k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $394k against liabilities of $37k, net assets of $357k.

Income and spending

$0$27k$55k$82k$110k2023 Income: $66,7032023 Spending: $47,61820232024 Income: $109,8162024 Spending: $63,2912024
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Other 8.2%

Similar-sized charities, same cause

CharityLocationIncome
Utica Food Pantry IncUtica$110k
Glm2 Foundation IncAugusta$110k
Single Parents RockDayton$110k
Harvest TimeMerced$110k