Kingston Farmers Market Foundationinc

Analysis

Kingston Farmers Market Foundationinc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in January 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kingston Farmers Market Foundationinc reported income of $105k and spending of $103k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $105k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kingston Farmers Market Foundationinc 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 38th percentile within NY. Charities of a similar size with the same main cause include Blytheville Community Samaritan Ministries ($105k), Starfish Adventures Inc ($105k) and Blessed Beginnings Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.