Travelers Rest Farmers Market

Analysis

Travelers Rest Farmers Market is a registered charity in United States, based in Travelers RST, SC. It received its IRS tax-exemption ruling in November 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, Travelers Rest Farmers Market reported income of $172k and spending of $137k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $113k to $172k (+53%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Travelers Rest Farmers Market sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 56th percentile within SC. Charities of a similar size with the same main cause include Care Store ($172k), Talladega County Child Advocacy Center Inc ($172k) and Operation Military Matters Corp ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $123k against liabilities of $2,294, net assets of $121k.