Montgomery County Agricultural

Analysis

Montgomery County Agricultural is a registered charity in United States, based in Red Oak, IA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 August 2023, Montgomery County Agricultural reported income of $163k and spending of $167k, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $211k to $163k (-22%), an average of -6.2% a year. The sharpest change came in the year to August 2021, when income rose by 116%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montgomery County Agricultural sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IA. Charities of a similar size with the same main cause include Custer County Food Bank Inc ($163k), Benevolence & Trianing Center ($163k) and Mahp Foundation ($163k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 58% of the total. At year end it held assets of $638k against liabilities of $0, net assets of $638k.