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 Las Cruces, NM. It received its IRS tax-exemption ruling in January 1945, 81 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Future Farmers of America State Associations & Local Chapter reported income of $543k and spending of $460k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $196k to $543k (+177%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Farmers of America State Associations & Local Chapter sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NM. Charities of a similar size with the same main cause include Level the Field Athletics Inc ($543k), After the Game Inc ($543k) and Coldwater Foundation for Leadership and Community Development ($543k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 60% of the total. At year end it held assets of $1.0m against liabilities of $284k, net assets of $752k.