Ocala Farm Ministry Inc

Analysis

Ocala Farm Ministry Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ocala Farm Ministry Inc reported income of $202k and spending of $239k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $222k to $202k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 127% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ocala Farm Ministry Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include West Michigan Hindu Temple ($202k), Ministerios Palabra de Restauracion ($202k) and Paul White Ministries ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Other salaries and wages came to $20k. At year end it held assets of $738k against liabilities of $15k, net assets of $723k. It reported 2 employees.