Soil Born Farm Urban Agriculture Project

Analysis

Soil Born Farm Urban Agriculture Project is a registered charity in United States, based in Rncho Cordova, CA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Soil Born Farm Urban Agriculture Project reported income of $2.0m and spending of $1.8m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $2.0m (+10%), an average of +2.5% a year. The sharpest change came in the year to September 2022, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Soil Born Farm Urban Agriculture Project sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Groundwork Denver Incorporated ($2.0m), Lake Merritt-Uptown District Association ($2.0m) and Albuquerque Economic Development Inc ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $185k (10% of expenses). Other salaries and wages came to $812k. At year end it held assets of $1.8m against liabilities of $687k, net assets of $1.1m. It reported 59 employees.