Greensboro Farmers Market Inc

Analysis

Greensboro Farmers Market Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in June 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 June 2024, Greensboro Farmers Market Inc reported income of $131k and spending of $168k, spending 128% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $271k to $131k (-52%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 41%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greensboro Farmers Market Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Good Life Inc ($131k), Columbia Gardens Inc ($131k) and Soul of Santa Do Good Foundation Corporation ($131k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $180k against liabilities of $40k, net assets of $140k.