Cosechando Felicidad Inc

Analysis

Cosechando Felicidad Inc is a registered charity in United States, based in Williston, VT. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, 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, Cosechando Felicidad Inc reported income of $78k and spending of $90k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $78k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cosechando Felicidad Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 21st percentile within VT. Charities of a similar size with the same main cause include Martinyan Foundation ($78k), Narissas Place Inc ($78k) and Columbus Food Pantry Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. At year end it held assets of $83k against liabilities of $785, net assets of $82k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.