Agricultural Development Initiatives

Analysis

Agricultural Development Initiatives is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Agricultural Development Initiatives reported income of $146k and spending of $199k, spending 136% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $213k to $146k (-31%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Agricultural Development Initiatives sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Camp Onseyawa Inc ($146k), Beaverton Downtown Association Inc ($146k) and Modoc Harvest ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $86k (43% of expenses). At year end it held assets of $99k against liabilities of $0, net assets of $99k.