McBain Rural Agricultural School Foundation

Analysis

McBain Rural Agricultural School Foundation is a registered charity in United States, based in Falmouth, MI. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, McBain Rural Agricultural School Foundation reported income of $119k and spending of $81k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $35k to $119k (+243%), an average of +36% a year. The sharpest change came in the year to June 2022, when income rose by 663%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McBain Rural Agricultural School Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Equine Assisted Therapy Andhandicapped Riding of New Jersey ($119k), Hudson High School Music Association ($119k) and Performing Arts Student Scholarship Inc ($119k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.