Socially Responsible Agriculture Project Inc

Analysis

Socially Responsible Agriculture Project Inc is a registered charity in United States, based in Claymont, DE. It received its IRS tax-exemption ruling in July 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, Socially Responsible Agriculture Project Inc reported income of $2.6m and spending of $2.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.6m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Socially Responsible Agriculture Project Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within DE. Charities of a similar size with the same main cause include The Matthews House ($2.6m), Gateway Homeless Services Inc ($2.6m) and Texas New Community Alliance ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $131k (5.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.3m against liabilities of $78k, net assets of $2.3m. It reported 25 employees.