Farm Aid Inc

Analysis

Farm Aid Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 1986, 40 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, Farm Aid Inc reported income of $4.0m and spending of $4.6m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.0m (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 314%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farm Aid Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Three Rivers Youth ($4.0m), Paths to Independence Inc ($4.0m) and Silverlake Independent Jewish Community Center ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $177k (3.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $11.8m against liabilities of $728k, net assets of $11.0m. It reported 23 employees.