Davidson Farmers Market Inc

Analysis

Davidson Farmers Market Inc is a registered charity in United States, based in Davidson, NC. It received its IRS tax-exemption ruling in March 2010, 16 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, Davidson Farmers Market Inc reported income of $73k and spending of $64k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $73k (-2.7%), an average of -2.7% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Davidson Farmers Market Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Insuring the Children of Southern Ohio ($73k), E3 Endeavors ($73k) and Chad Wild Myhre Memorial ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.