Farmer Veteran Coalition

Analysis

Farmer Veteran Coalition is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2014, 12 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, Farmer Veteran Coalition reported income of $2.0m and spending of $2.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.0m (+4.7%), an average of +1.2% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farmer Veteran Coalition sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Young Mens Christian Association of Albany Inc ($2.0m), Share the Table Inc ($2.0m) and Pathways to Prosperity Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $178k (8.3% of expenses). Other salaries and wages came to $440k. At year end it held assets of $925k against liabilities of $706k, net assets of $219k. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.