Myagro Farms
131 7th Avenue 160, New York, NY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $6,037,141 | $28,351,139 | $32,669,914 |
| FY2023 | $22,574,181 | $9,020,869 | $134,476,385 |
| FY2022 | $19,430,121 | $8,717,701 | $120,922,585 |
| FY2021 | $79,352,581 | $2,352,766 | $110,230,260 |
| FY2020 | $10,745,753 | $3,938,077 | $23,596,654 |
| FY2019 | $11,351,082 | $3,076,319 | $16,789,088 |
| FY2018 | $9,340,725 | $8,565,446 | $1,788,825 |
| FY2017 | $5,934,669 | $5,326,494 | $1,051,071 |
| FY2016 | $3,016,993 | $3,327,123 | $418,735 |
| FY2015 | $2,308,471 | $2,254,189 | $484,056 |
| FY2014 | $499,976 | $686,934 | $430,607 |
| FY2013 | $1,361,651 | $769,787 | $822,560 |
| FY2012 | $396,747 | $166,051 | $230,696 |
Form 990 filings
The returns filed by Myagro Farms (EIN 45-5267449), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $5,490,253 | 91% |
| Program service revenue | $0 | 0% |
| Other revenue | $546,888 | 9% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $25,721,206 | 91% |
| Management & general | $2,063,027 | 7% |
| Fundraising | $566,906 | 2% |
What the numbers show
- Contributions & grants made up 91% of total revenue in FY2024.
- Program services accounted for 91% of functional expenses, management & general 7%, and fundraising 2%.
- 91% of functional expenses went to program services in FY2024.
- Net assets covered about 13.8 months of expenses at the end of the reporting year.
- Total revenue rose from $396,747 in FY2012 to $6,037,141 in FY2024. Revenue increased in 8 and decreased in 4 of 12 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 13 reported years (FY2014, FY2016, FY2024).
- The highest revenue on record here is $79,352,581 in FY2021.
- Net assets grew from $230,696 to $32,669,914 between FY2012 and FY2024.
- Contributions and grants made up 100% of revenue in FY2012 and 91% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
MYAGRO'S UNIQUE MOBILE LAYAWAY PLATFORM ALLOWS FARMERS TO USE THEIR MOBILE PHONES TO PURCHASE SEEDS AND FERTILIZER IN SMALL INCREMENTS AND PROVIDES AGRICULTURAL TRAINING TO FARMERS WHO INVESTED IN MYAGRO PACKAGES, SHARING HARVEST-IMPROVING AGRICULTURAL TECHNIQUES.
IRS status
| Ruling year | 2013 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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