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 Galt, CA. 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 $116k and spending of $99k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $116k (-8.7%), an average of -8.7% a year. Over the whole period it spent 86% 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 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Glenn County Seniors Centers ($116k), Arc Rutland Area Inc ($116k) and James F Condon Community School Council Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 25% of the total. At year end it held assets of $126k against liabilities of $25k, net assets of $102k.