Nourish Farms Inc

Analysis

Nourish Farms Inc is a registered charity in United States, based in Sheboygan FLS, WI. It received its IRS tax-exemption ruling in April 2013, 13 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, Nourish Farms Inc reported income of $861k and spending of $878k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $861k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nourish Farms Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Galilee Family Enrichment Center Inc ($861k), Fulton County Council on Aging ($861k) and The Good Shephard ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $70k (7.9% of expenses). Other salaries and wages came to $339k. At year end it held assets of $1.8m against liabilities of $295k, net assets of $1.5m. It reported 26 employees.