Friends of the Omaha Farmers Market

Analysis

Friends of the Omaha Farmers Market is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Omaha Farmers Market reported income of $60k and spending of $62k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $60k (-49%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Omaha Farmers Market sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within NE. Charities of a similar size with the same main cause include Britney Lee Foundation Inc ($60k), Band of Blue Inc ($60k) and T Wall Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $6,350, net assets of $72k.