Minnesota Ffa Alumni Association

Analysis

Minnesota Ffa Alumni Association is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Minnesota Ffa Alumni Association reported income of $77k and spending of $51k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $77k (+43%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Minnesota Ffa Alumni Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Rotary Club of Pinellas Park Florida Foundation Inc ($77k), Warren County Educational Endowment Inc ($77k) and West Alabama Food & Wine Festival ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.