Maryland Ffa Foundation Incorporated

Analysis

Maryland Ffa Foundation Incorporated is a registered charity in United States, based in Eldersburg, MD. It received its IRS tax-exemption ruling in October 1984, 42 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 December 2023, Maryland Ffa Foundation Incorporated reported income of $134k and spending of $120k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $268k to $134k (-50%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maryland Ffa Foundation Incorporated sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Nevada Mercy and Care Inc ($134k), Little League Baseball Inc ($134k) and The Spirit of Liberty Foundation Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $3,500 (2.9% of expenses). At year end it held assets of $850k against liabilities of $0, net assets of $850k.