Future Farmers of America and Its West Virginia State Ffa Associatio

Analysis

Future Farmers of America and Its West Virginia State Ffa Associatio is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in February 2023, 3 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 June 2024, Future Farmers of America and Its West Virginia State Ffa Associatio reported income of $446k and spending of $355k, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $310k to $446k (+44%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 336%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Farmers of America and Its West Virginia State Ffa Associatio sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WV. Charities of a similar size with the same main cause include Positive Attitude ($446k), Tulare Co Deputy Sheriffs Benevolent Assn ($446k) and Youth Incorporated ($446k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 105% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.