Agricultural Foundation of California State University Fresno

Analysis

Agricultural Foundation of California State University Fresno is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in September 1956, 70 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Agricultural Foundation of California State University Fresno reported income of $3.9m and spending of $4.0m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.9m to $3.9m (-21%), an average of -7.6% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agricultural Foundation of California State University Fresno sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Yeshivas Toras Chaim Inc ($3.9m), Jewish Family Services of Greenwich Inc ($3.9m) and Affton Athletic Association Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 6.2% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $5.4m against liabilities of $670k, net assets of $4.8m. It reported 9 employees.