Agricultural Research Foundation

Analysis

Agricultural Research Foundation is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in December 1935, 91 years ago. 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 June 2023, Agricultural Research Foundation reported income of $10.6m and spending of $8.9m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.9m to $10.6m (+6.9%), an average of +1.7% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agricultural Research Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include The New Life Child Development Center Inc ($10.6m), Nash-Edgecombe Wilson Community Action Inc ($10.6m) and United Against Poverty Inc ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $369k (4.2% of expenses). At year end it held assets of $34.4m against liabilities of $6.4m, net assets of $28.0m. It reported 5 employees.