Cold Spring Farmers Market Inc

Analysis

Cold Spring Farmers Market Inc is a registered charity in United States, based in Cold Spring, NY. It received its IRS tax-exemption ruling in November 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Cold Spring Farmers Market Inc reported income of $89k and spending of $79k, spending 89% of its income. Across the 2 years on record, from November 2022 to November 2023, income grew from $75k to $89k (+18%), an average of +18% a year. The sharpest change came in the year to November 2023, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cold Spring Farmers Market Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Global Restoration Center ($89k), Minnesota Assoc of Administrators of State & Fed Education Programs ($89k) and Peaceworks Inc ($89k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 9.2% and program service revenue 80% of the total. At year end it held assets of $95k against liabilities of $1,974, net assets of $93k.