Vermilion County Farm Bureau Foundation

Analysis

Vermilion County Farm Bureau Foundation is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in November 2007, 19 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 September 2023, Vermilion County Farm Bureau Foundation reported income of $86k and spending of $87k, spending 101% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $47k to $86k (+81%), an average of +81% a year. The sharpest change came in the year to September 2023, when income rose by 81%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vermilion County Farm Bureau Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Maynard Educational Enrichment Foundation Inc ($86k), Vermont Municipal Clerks and Treasurers Association Inc ($86k) and Foundation for Modern Bioprogressive Orthodontics ($86k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.