The Minnesota Ffa Foundation Incorporated

Analysis

The Minnesota Ffa Foundation Incorporated is a registered charity in United States, based in Plainview, MN. It received its IRS tax-exemption ruling in May 1996, 30 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 December 2023, The Minnesota Ffa Foundation Incorporated reported income of $693k and spending of $760k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $460k to $693k (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 158%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Minnesota Ffa Foundation Incorporated sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Kino Learning Center Inc ($692k), Peer Support Coalition of Florida Inc ($693k) and The Lens ($692k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $97k (13% of expenses). Other salaries and wages came to $74k. At year end it held assets of $3.8m against liabilities of $9,503, net assets of $3.8m. It reported 2 employees.