Colorado Future Farmers of America Foundation

Analysis

Colorado Future Farmers of America Foundation is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Colorado Future Farmers of America Foundation reported income of $6.1m and spending of $1.0m, leaving 83% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $6.1m (+435%), an average of +75% a year. The sharpest change came in the year to June 2023, when income rose by 269%. Over the whole period it spent 29% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Colorado Future Farmers of America Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Open Doors Inc ($6.1m), New City Kids Inc ($6.1m) and Bernies Book Bank ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $230k. At year end it held assets of $9.8m against liabilities of $462k, net assets of $9.3m. It reported 1 employees.