National Ffa Foundation Inc

Analysis

National Ffa Foundation Inc is a registered charity in United States, based in Indianapolis, IN. 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 December 2023, National Ffa Foundation Inc reported income of $23.1m and spending of $17.9m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $23.5m to $23.1m (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 62%. 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, National Ffa Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Casa de Los Ninos ($22.9m), Tulsa Educare Inc ($23.5m) and YMCA of San Diego Jrfy Inc ($22.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $559k (3.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $54.5m against liabilities of $6.2m, net assets of $48.4m. It reported 24 employees.