North Dakota Farmers Union Foundation

Analysis

North Dakota Farmers Union Foundation is a registered charity in United States, based in Jamestown, ND. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 September 2023, North Dakota Farmers Union Foundation reported income of $269k and spending of $247k, spending 92% of its income. Across the 3 years on record, from September 2021 to September 2023, income fell from $2.1m to $269k (-87%), an average of -64% a year. The sharpest change came in the year to September 2022, when income dropped by 86%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Dakota Farmers Union Foundation sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 53rd percentile within ND. Charities of a similar size with the same main cause include Athens County Economic Development Council ($268k), Long Beach Rotary Charitable Foundation ($269k) and Friends of the Trail ($268k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $280k against liabilities of $0, net assets of $280k.