Friends of the Farm Northport Inc

Analysis

Friends of the Farm Northport Inc is a registered charity in United States, based in Northport, NY. It received its IRS tax-exemption ruling in August 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 2022, Friends of the Farm Northport Inc reported income of $94k and spending of $112k, spending 120% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $108k to $94k (-13%), an average of -7.0% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Farm Northport Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Lighthouse Harvest Foundation ($94k), Wednesdays Gift ($94k) and Hugs for Tomorrow Inc ($94k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $77k against liabilities of $4,983, net assets of $72k.