Fresh Future Farm Inc

Analysis

Fresh Future Farm Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in April 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 June 2024, Fresh Future Farm Inc reported income of $839k and spending of $678k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $475k to $839k (+77%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 111%. 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, Fresh Future Farm Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Prism Project ($839k), Oswego Christian Foundation ($839k) and Best Payments Foundation ($839k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $65k (9.6% of expenses). Other salaries and wages came to $186k. At year end it held assets of $803k against liabilities of $70k, net assets of $733k. It reported 8 employees.