Agrisafe Network Inc

Analysis

Agrisafe Network Inc is a registered charity in United States, based in Covington, LA. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Agrisafe Network Inc reported income of $1.7m and spending of $1.4m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $539k to $1.7m (+211%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Agrisafe Network Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within LA. Charities of a similar size with the same main cause include Hairtostay ($1.7m), Melrosewakefield Healthcare Parent Corporation ($1.7m) and United Cerebral Palsy of Ala ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.4% of the total. Other salaries and wages came to $853k. At year end it held assets of $1.6m against liabilities of $206k, net assets of $1.4m. It reported 16 employees.