Farm Fresh Rhode Island

Analysis

Farm Fresh Rhode Island is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in September 2007, 19 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, Farm Fresh Rhode Island reported income of $8.7m and spending of $7.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $8.7m (+95%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farm Fresh Rhode Island sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within RI. Charities of a similar size with the same main cause include Bethesda House of Schenectady Inc ($8.7m), Bakersfield Arc Inc ($8.7m) and Camp Kesem National ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $130k (1.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $20.6m against liabilities of $10.1m, net assets of $10.5m. It reported 73 employees.