Mexico Young Farmers Association

Analysis

Mexico Young Farmers Association is a registered charity in United States, based in Mexico, MO. It received its IRS tax-exemption ruling in May 2021, 5 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 January 2024, Mexico Young Farmers Association reported income of $58k and spending of $59k, spending 102% of its income. Across the 2 years on record, from January 2023 to January 2024, income fell from $75k to $58k (-22%), an average of -22% a year. The sharpest change came in the year to January 2024, when income dropped by 22%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mexico Young Farmers Association sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within MO. Charities of a similar size with the same main cause include Parent Booster USA Inc ($58k), Patterson High Athletic Boosters ($58k) and Northeast Alabama Community Development Corporation ($58k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.