Chapter Farm & Fruit Association

Analysis

Chapter Farm & Fruit Association is a registered charity in United States, based in Lake City, IA. It received its IRS tax-exemption ruling in April 1977, 49 years ago. 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, Chapter Farm & Fruit Association reported income of $58k and spending of $9,922, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $58k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chapter Farm & Fruit Association sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IA. Charities of a similar size with the same main cause include Saco River Salmon Club ($58k), National Church Residences of Elizabeth New Jersey Inc ($58k) and Vietnamese Resettlement Association Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $287k against liabilities of $0, net assets of $287k.