Farmer Foodshare Inc

Analysis

Farmer Foodshare Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 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 September 2023, Farmer Foodshare Inc reported income of $2.3m and spending of $1.9m, spending 81% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $1.7m to $2.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farmer Foodshare Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Men and Women United for Youth and Families Inc ($2.3m), Pikes Peak Hospice Foundation ($2.3m) and Hands of Hope Inc ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Other salaries and wages came to $352k. It paid $1,800 in professional fundraising fees. At year end it held assets of $896k against liabilities of $328k, net assets of $568k. It reported 13 employees.