Farms for Life
Analysis
Farms for Life is a registered charity in United States, based in Woodinville, WA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Farms for Life reported income of $130k and spending of $95k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $130k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 85% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Farms for Life sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Kenjo Foundation ($130k), Gladewaves ($130k) and Houston Texas Exes Inc ($130k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $151k against liabilities of $2,015, net assets of $149k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kenjo Foundation | Alcoa | $130k |
| Gladewaves | New Orleans | $130k |
| Houston Texas Exes Inc | Houston | $130k |
| Touching Lives Worldwide Inc | Frederick | $130k |