Farmshare Austin

Analysis

Farmshare Austin is a registered charity in United States, based in Cedar Creek, TX. It received its IRS tax-exemption ruling in February 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 July 2023, Farmshare Austin reported income of $1.1m and spending of $965k, spending 86% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $290k to $1.1m (+285%), an average of +40% a year. The sharpest change came in the year to July 2020, when income rose by 106%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farmshare Austin sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include H3 Collective ($1.1m), Reading Team Inc ($1.1m) and School Nutrition Foundation ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 91% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $77k (8.0% of expenses). Other salaries and wages came to $503k. At year end it held assets of $701k against liabilities of $227k, net assets of $474k. It reported 21 employees.