Frisco Agriculture Buyers Club Inc

Analysis

Frisco Agriculture Buyers Club Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in February 2022, 4 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 December 2023, Frisco Agriculture Buyers Club Inc reported income of $88k and spending of $65k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $88k (+109%), an average of +109% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 79% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Frisco Agriculture Buyers Club Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Anna Mirabai Lytton Foundation ($88k), Las Vegas Blast ($88k) and Pine-Richland Boys Youth Lacrosse Association ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.