Fulton Street Farmers Market Inc

Analysis

Fulton Street Farmers Market Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in October 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, Fulton Street Farmers Market Inc reported income of $291k and spending of $241k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $275k to $291k (+5.8%), an average of +5.8% a year. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fulton Street Farmers Market Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Springbank Christian Center Sister Jeanne Nisley ($291k), Bison Foundation ($291k) and National Association for Korean Schools Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $187k. At year end it held assets of $317k against liabilities of $57k, net assets of $260k. It reported 4 employees.