National Association of Agricultural Educators Inc

Analysis

National Association of Agricultural Educators Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 1953, 73 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Association of Agricultural Educators Inc reported income of $2.1m and spending of $2.3m, spending 107% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $4.8m to $2.1m (-56%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Association of Agricultural Educators Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Evolve Coaching ($2.1m), A Step Ahead Foundation Inc ($2.1m) and Lassen Family Services Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $243k (11% of expenses). Other salaries and wages came to $113k. At year end it held assets of $2.4m against liabilities of $1.2m, net assets of $1.2m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.