Santa Fe Farmers Market Institute

Analysis

Santa Fe Farmers Market Institute is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in December 2002, 24 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, Santa Fe Farmers Market Institute reported income of $557k and spending of $875k, spending 157% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $338k to $557k (+65%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 131%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Santa Fe Farmers Market Institute sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NM. Charities of a similar size with the same main cause include The Alexander House Apostolate ($557k), Human Outreach Project ($557k) and Senior and Family Services Inc ($557k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $91k (10% of expenses). Other salaries and wages came to $291k. At year end it held assets of $4.1m against liabilities of $1.4m, net assets of $2.7m. It reported 13 employees.