Froelich Foundation for the Preservation of Farm Tractor Histo

Analysis

Froelich Foundation for the Preservation of Farm Tractor Histo is a registered charity in United States, based in MC Gregor, IA. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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 January 2024, Froelich Foundation for the Preservation of Farm Tractor Histo reported income of $52k and spending of $41k, leaving 22% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $51k to $52k (+2.5%), an average of +2.5% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Froelich Foundation for the Preservation of Farm Tractor Histo sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within IA. Charities of a similar size with the same main cause include Westfield High School Marching Band Parents Association ($52k), The Saugerties Memorial Post No 5034 VFW of the US Inc ($52k) and PTA California Congress of Parents Teachers & Students Inc ($52k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 27% of the total. At year end it held assets of $469k against liabilities of $0, net assets of $469k.