Agronomic Science Foundation Inc

Analysis

Agronomic Science Foundation Inc is a registered charity in United States, based in Fitchburg, WI. It received its IRS tax-exemption ruling in February 1968, 58 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 December 2023, Agronomic Science Foundation Inc reported income of $467k and spending of $520k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $518k to $467k (-9.8%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income rose by 176%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agronomic Science Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Cedar Mountain Volunteer Fire ($467k), Eugene Field House Foundation ($467k) and Triton Hose Co of Tunkhannock No 1 ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $85k. At year end it held assets of $8.4m against liabilities of $10k, net assets of $8.4m.