Community Farmers Markets Inc

Analysis

Community Farmers Markets Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2016, 10 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 2022, Community Farmers Markets Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $762k to $1.3m (+65%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Farmers Markets Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Hope Harbor Inc ($1.3m), Young Mens Christian Association of Shawnee Oklahoma Inc ($1.3m) and Greater Mount Airy Ministry of Hospitality ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $175k (14% of expenses). Other salaries and wages came to $584k. It paid $61k in professional fundraising fees. At year end it held assets of $208k against liabilities of $114k, net assets of $94k. It reported 40 employees.