Hmong American Farmers Association

Analysis

Hmong American Farmers Association is a registered charity in United States, based in West St Paul, MN. It received its IRS tax-exemption ruling in December 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, Hmong American Farmers Association reported income of $2.8m and spending of $1.2m, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $709k to $2.8m (+298%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 258%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hmong American Farmers Association 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 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Womanhaven ($2.8m), Guide Inc ($2.8m) and Elizabeths Early Learning Center Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $177k (15% of expenses). Other salaries and wages came to $325k. It paid $37k in professional fundraising fees. At year end it held assets of $8.5m against liabilities of $630k, net assets of $7.9m. It reported 16 employees.