Nebraska Farm Bureau Foundation for Agriculture Inc

Analysis

Nebraska Farm Bureau Foundation for Agriculture Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nebraska Farm Bureau Foundation for Agriculture Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 4 years on record, from September 2019 to September 2023, income fell from $4.4m to $1.1m (-74%), an average of -36% a year. The sharpest change came in the year to September 2021, when income dropped by 75%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nebraska Farm Bureau Foundation for Agriculture Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NE. Charities of a similar size with the same main cause include Mother Teresa Academy ($1.1m), Elizabethtown Christian Educational Ministries ($1.1m) and Project TF ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $3.1m against liabilities of $70k, net assets of $3.0m.