Farmers Market Fund

Analysis

Farmers Market Fund is a registered charity in United States, based in Portland, OR. 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 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, Farmers Market Fund reported income of $2.8m and spending of $4.9m, spending 178% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.8m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farmers Market Fund sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Filipino Advocates for Justice ($2.8m), Tuscarawas County Committee on Aging ($2.8m) and Visionlink ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $135k (2.7% of expenses). Other salaries and wages came to $113k. It paid $21k in professional fundraising fees. At year end it held assets of $2.4m against liabilities of $356k, net assets of $2.0m.