Eighth Day Farm Inc

Analysis

Eighth Day Farm Inc is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in September 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, Eighth Day Farm Inc reported income of $217k and spending of $223k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $217k (+12%), an average of +12% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eighth Day Farm Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Giddo Simon Ministries ($217k), JKV Foundation Inc ($217k) and Springboard to Success ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 85% of the total. Other salaries and wages came to $121k. At year end it held assets of $50k against liabilities of $0, net assets of $50k. It reported 7 employees.