Farm of Northwest Florida Inc

Analysis

Farm of Northwest Florida Inc is a registered charity in United States, based in Bonifay, FL. 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, Farm of Northwest Florida Inc reported income of $258k and spending of $303k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $258k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 27%. 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, Farm of Northwest Florida Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Elijah Rising ($258k), Grande Center for Education and Economic Opportunity ($258k) and Portland Parks Conservancy ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $88k. At year end it held assets of $665k against liabilities of $394k, net assets of $270k. It reported 3 employees.