State Association of Young Farmers of Texas

Analysis

State Association of Young Farmers of Texas is a registered charity in United States, based in Malakoff, TX. It received its IRS tax-exemption ruling in February 1959, 67 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, State Association of Young Farmers of Texas reported income of $53k and spending of $46k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $53k to $53k (-0.6%), an average of -0.6% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, State Association of Young Farmers of Texas sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Ryans Angels Ltd ($53k), PTA North Carolina Congress ($53k) and Spaulding Hockey Boosters ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.