Tri Cycle Farms Inc

Analysis

Tri Cycle Farms Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in February 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 (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, Tri Cycle Farms Inc reported income of $506k and spending of $506k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $521k to $506k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri Cycle Farms Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AR. Charities of a similar size with the same main cause include Village2village Project Inc ($506k), Casa de Amelia Group Homes Guzman Ramos and Smith Foundation ($507k) and Robins Nest Childrens Home ($506k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $81k. At year end it held assets of $332k against liabilities of $158k, net assets of $174k. It reported 1 employees.