Farm Labor Research Project Inc

Analysis

Farm Labor Research Project Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Farm Labor Research Project Inc reported income of $588k and spending of $663k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $443k to $588k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farm Labor Research Project Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Pegasus Therapeutic Riding Academy Inc ($588k), Roseville Community School ($588k) and Maine Association of Realtors Foundation ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $55k (8.3% of expenses). Other salaries and wages came to $278k. At year end it held assets of $719k against liabilities of $1,476, net assets of $717k. It reported 65 employees.