Anacortes Farmers Market

Analysis

Anacortes Farmers Market is a registered charity in United States, based in Anacortes, WA. It received its IRS tax-exemption ruling in June 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 December 2023, Anacortes Farmers Market reported income of $92k and spending of $109k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $92k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anacortes Farmers Market sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within WA. Charities of a similar size with the same main cause include The Pregnancy Resource Center of Beatrice ($92k), Refugee and Migrant Women S Initiative ($92k) and Befrienders ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 71% of the total. At year end it held assets of $16k against liabilities of $14k, net assets of $1,902.