Nevada Agricultural Foundation

Analysis

Nevada Agricultural Foundation is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in September 1976, 50 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Nevada Agricultural Foundation reported income of $297k and spending of $131k, leaving 56% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $187k to $297k (+59%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nevada Agricultural Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within NV. Charities of a similar size with the same main cause include A New Beginning for You Inc ($297k), Freight House Farmers Market Inc ($297k) and Changing Lives Together Foundation Inc ($297k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 35% of the total. Compensation of current officers, directors and key employees was $22k (17% of expenses). At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 1 employees.