New York Farm Viability Institute Inc

Analysis

New York Farm Viability Institute Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in November 2005, 21 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 March 2023, New York Farm Viability Institute Inc reported income of $700k and spending of $950k, spending 136% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $2.5m to $700k (-72%), an average of -35% a year. The sharpest change came in the year to March 2022, when income rose by 159%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New York Farm Viability Institute Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Ministry Center ($700k), Everstrong Prevention ($700k) and Unite Family Services ($700k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $305k. At year end it held assets of $413k against liabilities of $41k, net assets of $372k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.