Future Farmers of America State Associations & Local Chapter

Analysis

Future Farmers of America State Associations & Local Chapter is a registered charity in United States, based in Grand Ridge, IL. It received its IRS tax-exemption ruling in January 1945, 81 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Future Farmers of America State Associations & Local Chapter reported income of $88k and spending of $91k, spending 103% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $91k to $88k (-3.1%), an average of -3.1% a year. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Farmers of America State Associations & Local Chapter sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Faces of Accomplishment Inc ($88k), Delta Hope Inc ($88k) and American Legion Department of North Carolina Charities Inc ($88k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 18% and program service revenue 69% of the total. At year end it held assets of $159k against liabilities of $0, net assets of $159k.