National Black Farmers Association Incorporated

Analysis

National Black Farmers Association Incorporated is a registered charity in United States, based in Baskerville, VA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Black Farmers Association Incorporated reported income of $2.4m and spending of $1.6m, leaving 34% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $439k to $2.4m (+449%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 356%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Black Farmers Association Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Encouraging Kids Family Resource Center Inc ($2.4m), Neighbor Network of Northern Nevada ($2.4m) and Chase Home ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.3m against liabilities of $103k, net assets of $2.2m.