Owensboro Farmers Market Inc

Analysis

Owensboro Farmers Market Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in April 2016, 10 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, Owensboro Farmers Market Inc reported income of $74k and spending of $82k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $72k to $74k (+2.5%), an average of +1.3% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Owensboro Farmers Market Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KY. Charities of a similar size with the same main cause include Red River Riders Therapeutic Horseback Riding Inc ($74k), Nagaland Outreach Childrensministry Inc ($74k) and Kiwanis Club of Escondido Foundation ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $403k against liabilities of $0, net assets of $403k.