Progressive Agriculture Foundation

Analysis

Progressive Agriculture Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 1997, 29 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 (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, Progressive Agriculture Foundation reported income of $1.2m and spending of $1.5m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $1.2m (-59%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Progressive Agriculture Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($1.2m), Arete Education Inc ($1.2m) and Big Brothers Big Sisters of Alaska ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $163k (11% of expenses). Other salaries and wages came to $362k. At year end it held assets of $983k against liabilities of $21k, net assets of $962k. It reported 8 employees.