Ag Innovations

Analysis

Ag Innovations is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Ag Innovations reported income of $1.0m and spending of $1.1m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $694k to $1.0m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ag Innovations sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Shorefront Jewish Community Council Inc ($1.0m), Foundation for Sheltered Living Inc ($1.0m) and Grandmas Place Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $68k (6.2% of expenses). Other salaries and wages came to $588k. At year end it held assets of $482k against liabilities of $68k, net assets of $414k. It reported 15 employees.