Massachusetts Federation of Farmers and Gardeners Markets Inc

Analysis

Massachusetts Federation of Farmers and Gardeners Markets Inc is a registered charity in United States, based in Westborough, MA. It received its IRS tax-exemption ruling in September 1978, 48 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Massachusetts Federation of Farmers and Gardeners Markets Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.3m (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Massachusetts Federation of Farmers and Gardeners Markets Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Scheurer Community Services ($2.3m), Camp Chautauqua Inc ($2.3m) and Chez Hope Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $72k (3.1% of expenses). Other salaries and wages came to $203k. At year end it held assets of $392k against liabilities of $162k, net assets of $230k. It reported 13 employees.