Kansas Ffa Foundation Inc

Analysis

Kansas Ffa Foundation Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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, Kansas Ffa Foundation Inc reported income of $1.0m and spending of $622k, leaving 39% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $408k to $1.0m (+148%), an average of +26% a year. The sharpest change came in the year to September 2023, when income rose by 85%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kansas Ffa Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KS. Charities of a similar size with the same main cause include Marblehead Counseling Center Inc ($1.0m), Northern Rockies Conservation Cooperative ($1.0m) and Youth and Family Center ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 60% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $122k (20% of expenses). Other salaries and wages came to $98k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.