Georgia Young Farmers Association Inc

Analysis

Georgia Young Farmers Association Inc is a registered charity in United States, based in Tifton, GA. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 2022, Georgia Young Farmers Association Inc reported income of $361k and spending of $423k, spending 117% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $279k to $361k (+29%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgia Young Farmers Association Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Big Stone Gap Rescue Squad Inc ($361k), Christian Acres ($361k) and Scottish Rite Foundation of South Carolina Inc ($361k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. At year end it held assets of $162k against liabilities of $1,100, net assets of $161k.