Meriden Farmers Market Inc

Analysis

Meriden Farmers Market Inc is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in February 2018, 8 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 April 2024, Meriden Farmers Market Inc reported income of $50k and spending of $52k, spending 103% of its income. Across the 2 years on record, from April 2023 to April 2024, income fell from $55k to $50k (-8.4%), an average of -8.4% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meriden Farmers Market Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within CT. Charities of a similar size with the same main cause include Upper Room Counseling Inc ($50k), Celebrate Forever Foundation ($50k) and US Sikhs for Humanity Inc ($50k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $8,760 against liabilities of $0, net assets of $8,760.