Uganda Farmers Inc

Analysis

Uganda Farmers Inc is a registered charity in United States, based in Milford, CT. It received its IRS tax-exemption ruling in February 2014, 12 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, Uganda Farmers Inc reported income of $106k and spending of $134k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $106k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Uganda Farmers Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include National Ladies Homestead Gathering ($106k), Starkey Housing Incorporated ($106k) and Aspire Ministries ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.