New Home Ag Coalition Inc

Analysis

New Home Ag Coalition Inc is a registered charity in United States, based in Wilson, TX. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, New Home Ag Coalition Inc reported income of $72k and spending of $92k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $72k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Home Ag Coalition Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Nicholas Jennings Memorial Scholarship Fund ($72k), Wilsonville High School Booster Club ($72k) and Lake Elementary PTO ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.