Agriculture Future of America Inc

Analysis

Agriculture Future of America Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 February 2024, Agriculture Future of America Inc reported income of $5.4m and spending of $5.2m, spending 96% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $3.9m to $5.4m (+38%), an average of +8.4% a year. The sharpest change came in the year to February 2024, when income rose by 66%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Agriculture Future of America Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Boy Scouts of America ($5.4m), Sierra Nevada Journeys ($5.4m) and Future Farmers of America State Associations & Local Chapter ($5.3m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 58% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $509k (9.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $7.4m against liabilities of $1.2m, net assets of $6.2m. It reported 25 employees.