Mercer Island Farmers Market

Analysis

Mercer Island Farmers Market is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in August 2012, 14 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 April 2023, Mercer Island Farmers Market reported income of $119k and spending of $69k, leaving 42% of income unspent that year. Across the 2 years on record, from April 2022 to April 2023, income grew from $105k to $119k (+13%), an average of +14% a year. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercer Island Farmers Market sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within WA. Charities of a similar size with the same main cause include New Jersey Parents Caucus Inc ($119k), Child Empowerment International ($119k) and Asian Pacific American Medical Students Association Incorporated ($119k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.