West Virginia Future Farmers of America Foundation Inc

Analysis

West Virginia Future Farmers of America Foundation Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in December 1993, 33 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, West Virginia Future Farmers of America Foundation Inc reported income of $51k and spending of $26k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $51k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginia Future Farmers of America Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within WV. Charities of a similar size with the same main cause include American Association of Family and Consumer Sciences ($51k), PTA California Congress of Parents Teachers and Students Inc ($51k) and PTA Tennessee Congress of Parents Teachers Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $888k against liabilities of $0, net assets of $888k.