Farmers Union Foundation

Analysis

Farmers Union Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 1995, 31 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, Farmers Union Foundation reported income of $1.3m and spending of $760k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $1.3m (+192%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 202%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Farmers Union Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Friends of Kipp New Orleans Inc ($1.3m), His University ($1.3m) and Kent Schools Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.6% of the total. At year end it held assets of $5.8m against liabilities of $1.6m, net assets of $4.2m.