Hastings Farmers Market Inc

Analysis

Hastings Farmers Market Inc is a registered charity in United States, based in Hastings HDSN, NY. It received its IRS tax-exemption ruling in May 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hastings Farmers Market Inc reported income of $138k and spending of $120k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $138k (-1.1%), an average of -1.1% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hastings Farmers Market Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Woodstock Community Food Shelf ($138k), Entiat Valley Community Servicesfoodbank ($138k) and Alliance for Better Nutrition Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 89% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.