The Wisconsin Ffa Foundation Inc
Analysis
The Wisconsin Ffa Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in January 1984, 42 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2023, The Wisconsin Ffa Foundation Inc reported income of $616k and spending of $609k, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $721k to $616k (-14%), an average of -3.8% a year. The sharpest change came in the year to July 2020, when income dropped by 32%. 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, The Wisconsin Ffa Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Inneract Project Inc ($616k), Strategies for Youth Inc ($617k) and Boys & Girls Club of Denison Inc ($616k).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $68k (11% of expenses). Other salaries and wages came to $89k. At year end it held assets of $2.3m against liabilities of $172k, net assets of $2.1m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Other 7.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Inneract Project Inc | San Francisco | $616k |
| Strategies for Youth Inc | Cambridge | $617k |
| Boys & Girls Club of Denison Inc | Denison | $616k |
| Future Farmers of America and Its State Associations & Local Chapter | Stillwater | $617k |