Midwest Forage Association
Analysis
Midwest Forage Association is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 1994, 32 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, Midwest Forage Association reported income of $230k and spending of $203k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $230k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 95% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midwest Forage Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Jefferson Athletic Booster Club Incorporated ($230k), North Lake County Emergency Medical Service Inc ($230k) and Foundation of the Natl Assoc of Collegiate Directors of Athletics ($230k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 44% of the total. At year end it held assets of $201k against liabilities of $0, net assets of $201k.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 44%
- Other 36%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jefferson Athletic Booster Club Incorporated | Cedar Rapids | $230k |
| North Lake County Emergency Medical Service Inc | Christmas Vly | $230k |
| Foundation of the Natl Assoc of Collegiate Directors of Athletics | Westlake | $230k |
| Church Planting International | Fort Mill | $230k |