Monroe County Farm Bureau Foundation

Analysis

Monroe County Farm Bureau Foundation is a registered charity in United States, based in Waterloo, IL. It received its IRS tax-exemption ruling in September 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 December 2023, Monroe County Farm Bureau Foundation reported income of $63k and spending of $50k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $63k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monroe County Farm Bureau Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Neighbors Helping Neighbors Rhode Island ($63k), Mollys Bridge Inc ($63k) and Mountain Lake Odin Ormsby Area Sportsmans Club ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $178k against liabilities of $2,500, net assets of $175k.