Future Farmers of America State Associations & Local Chapter

Analysis

Future Farmers of America State Associations & Local Chapter is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in January 1945, 81 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 August 2024, Future Farmers of America State Associations & Local Chapter reported income of $73k and spending of $66k, spending 90% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $61k to $73k (+21%), an average of +9.9% a year. The sharpest change came in the year to August 2024, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Farmers of America State Associations & Local Chapter sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Shelburne Falls Area Womens Club ($73k), Kiwanis Club of Durant Oklahoma ($73k) and We Are Troubled on Every Side Out Reach Program ($73k).

At year end it held assets of $52k against liabilities of $0, net assets of $52k.