Dig in Yancey Community Garden

Analysis

Dig in Yancey Community Garden is a registered charity in United States, based in Burnsville, NC. It received its IRS tax-exemption ruling in March 2011, 15 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, Dig in Yancey Community Garden reported income of $233k and spending of $233k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $283k to $233k (-18%), an average of -9.3% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dig in Yancey Community Garden sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include National Coalition for Campus Childrens Centers Inc ($233k), Harrison House Personal Care Home ($233k) and High Octavez ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $46k (20% of expenses). Other salaries and wages came to $124k. At year end it held assets of $221k against liabilities of $3,349, net assets of $217k. It reported 7 employees.