Renewable Farms

Analysis

Renewable Farms is a registered charity in United States, based in Orange, CA. 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, Renewable Farms reported income of $307k and spending of $337k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $205k to $307k (+50%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 109%. 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, Renewable Farms sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Feeding Charlotte Inc ($307k), Soup-N-Share Outreach Program ($307k) and Dallas Hearing Foundation Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $73k (22% of expenses). Other salaries and wages came to $36k. At year end it held assets of $370k against liabilities of $0, net assets of $370k. It reported 2 employees.