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 Myrtle Creek, OR. It received its IRS tax-exemption ruling in January 1945, 81 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Future Farmers of America State Associations & Local Chapter reported income of $169k and spending of $75k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $3,969 to $169k (+4157%), an average of +4157% a year. The sharpest change came in the year to December 2022, when income rose by 4157%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Future Farmers of America State Associations & Local Chapter sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OR. Charities of a similar size with the same main cause include Kennesaw Mountain High School Football Booster Club Inc ($169k), Ybe NFP ($169k) and Next Step Equal Education ($169k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 0.1% of the total. At year end it held assets of $98k against liabilities of $93k, net assets of $5,472.