Fishers Farm

Analysis

Fishers Farm is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in September 2018, 8 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, Fishers Farm reported income of $394k and spending of $392k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $463k to $394k (-15%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fishers Farm sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Manasota District Council St Vincent de Paul Society Inc ($394k), Bethlehem Emergency Sheltering Inc ($395k) and Tracy Kids World ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $59k (15% of expenses). Other salaries and wages came to $46k. At year end it held assets of $452k against liabilities of $92k, net assets of $360k. It reported 2 employees.