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 Galt, CA. 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 June 2023, Future Farmers of America State Associations & Local Chapter reported income of $5.3m and spending of $5.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $5.3m (+2.9%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 95% 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 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Gateway Woods Family Services Inc ($5.3m), Boy Scouts of America ($5.4m) and Boys and Girls Clubs of Skagit County ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Other salaries and wages came to $493k. At year end it held assets of $3.9m against liabilities of $318k, net assets of $3.5m. It reported 44 employees.