W Va Farm Bureau Foundation Inc

Analysis

W Va Farm Bureau Foundation Inc is a registered charity in United States, based in Buckhannon, WV. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, W Va Farm Bureau Foundation Inc reported income of $217k and spending of $182k, spending 84% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $113k to $217k (+91%), an average of +91% a year. The sharpest change came in the year to September 2023, when income rose by 91%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, W Va Farm Bureau Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within WV. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($217k), Endowment Fund of the Hopkinsville Christian County Public Library ($217k) and Corona Del Sol Band Boosters Inc ($217k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Other salaries and wages came to $17k. At year end it held assets of $131k against liabilities of $48k, net assets of $83k.