Agri-Culture Inc

Analysis

Agri-Culture Inc is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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, Agri-Culture Inc reported income of $201k and spending of $226k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $366k to $201k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agri-Culture Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Alexis North Henderson Ambulance Service ($201k), Grievewell ($201k) and Ezzycares Foundation Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $85k (38% of expenses). Other salaries and wages came to $10k. At year end it held assets of $4.1m against liabilities of $65k, net assets of $4.0m. It reported 2 employees.