Future Farmers of America State Associations & Local Chapter

Analysis

Future Farmers of America State Associations & Local Chapter is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in January 1945, 81 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Future Farmers of America State Associations & Local Chapter reported income of $245k and spending of $260k, spending 106% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $163k to $245k (+51%), an average of +11% a year. The sharpest change came in the year to March 2022, when income rose by 66%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Future Farmers of America State Associations & Local Chapter sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WY. Charities of a similar size with the same main cause include Word Players ($245k), Gullotta House ($245k) and Love Inc of Skagit County-In the Name of Christ ($245k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $92k against liabilities of $73, net assets of $92k.