American Farmland Trust

Analysis

American Farmland Trust is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1985, 41 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 September 2023, American Farmland Trust reported income of $34.9m and spending of $33.3m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.0m to $34.9m (+170%), an average of +28% a year. The sharpest change came in the year to September 2020, when income rose by 140%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Farmland Trust sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include Hively ($34.9m), Matter ($35.0m) and West Texas Opportunities ($34.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $1.4m (4.2% of expenses). Other salaries and wages came to $14.2m. It paid $269k in professional fundraising fees. At year end it held assets of $78.0m against liabilities of $15.4m, net assets of $62.6m. It reported 156 employees.