Wisconsin Association of Ffa Incorporated

Analysis

Wisconsin Association of Ffa Incorporated is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 1966, 60 years ago. 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 September 2023, Wisconsin Association of Ffa Incorporated reported income of $612k and spending of $649k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $639k to $612k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to September 2022, when income rose by 42%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wisconsin Association of Ffa Incorporated sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Jewish Community Council of Winston-Salem ($612k), Leadingage Ohio Foundation ($612k) and Develop for Good ($612k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. At year end it held assets of $806k against liabilities of $28k, net assets of $777k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.