Union County TN Farmers Market

Analysis

Union County TN Farmers Market is a registered charity in United States, based in Maynardville, TN. It received its IRS tax-exemption ruling in March 2017, 9 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, Union County TN Farmers Market reported income of $133k and spending of $92k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $133k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Union County TN Farmers Market sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include The Hangar ($133k), Community Doulas of Waco ($133k) and Capstone Charitable Foundation ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $569, net assets of $107k.