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 Dayton, OR. 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 December 2023, Future Farmers of America State Associations & Local Chapter reported income of $520k and spending of $531k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $229k to $520k (+127%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 100% 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 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OR. Charities of a similar size with the same main cause include Dear Neighbor Ministries Inc ($520k), Canyon Club Inc ($520k) and Gateway Community College Foundation Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 92% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.