Impact Farming Foundation Inc

Analysis

Impact Farming Foundation Inc is a registered charity in United States, based in Briarcliff, NY. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Impact Farming Foundation Inc reported income of $114k and spending of $223k, spending 196% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $609k to $114k (-81%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Impact Farming Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include International Tibetan Medical Association Ltd ($114k), Arise and Rebuild Ministries ($114k) and International Asthma Services Gobal Cardiology Initiatives Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (14% of expenses). Other salaries and wages came to $57k. At year end it held assets of $9,404 against liabilities of $41k, net assets of -$32k.