Full Spectrum Farms Inc

Analysis

Full Spectrum Farms Inc is a registered charity in United States, based in Cullowhee, NC. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Full Spectrum Farms Inc reported income of $80k and spending of $71k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $60k to $80k (+33%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Full Spectrum Farms Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Cheshire Manor Inc ($80k), In Kind Boxes ($80k) and Mama D 2nd Chance ($80k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 2.1% of the total. Other salaries and wages came to $4,906. At year end it held assets of $841k against liabilities of $0, net assets of $841k.