Aggie Foundation

Analysis

Aggie Foundation is a registered charity in United States, based in Velva, ND. It received its IRS tax-exemption ruling in December 2018, 8 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 December 2023, Aggie Foundation reported income of $1.1m and spending of $733k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $493k to $1.1m (+119%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 54% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Aggie Foundation sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within ND. Charities of a similar size with the same main cause include Boys and Girls Club of Flagstaff ($1.1m), Banisters Leadership Academy ($1.1m) and Soar After School Program ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% of the total. At year end it held assets of $1.2m against liabilities of $154k, net assets of $1.0m. It reported 15 employees.