32nd Street Farmers Market Inc

Analysis

32nd Street Farmers Market Inc is a registered charity in United States, based in White Hall, MD. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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, 32nd Street Farmers Market Inc reported income of $408k and spending of $393k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $101k to $408k (+304%), an average of +59% a year. The sharpest change came in the year to December 2022, when income rose by 300%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 32nd Street Farmers Market Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include 1st US Volunteer Cavalry Regiment ($408k), The English Concert in America Inc ($408k) and Well House ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $48k (12% of expenses). At year end it held assets of $152k against liabilities of $1,647, net assets of $150k. It reported 1 employees.