The Farmers House Inc

Analysis

The Farmers House Inc is a registered charity in United States, based in Weston, MO. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, The Farmers House Inc reported income of $2.8m and spending of $2.3m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.8m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Farmers House Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Community Loan Fund of the Capital Region Inc ($2.8m), Wesley Gardens Retirement Community Inc ($2.8m) and New Hope Family Shelter Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $139k (6.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.4m against liabilities of $165k, net assets of $3.2m. It reported 76 employees.