Jones Valley Urban Farm

Analysis

Jones Valley Urban Farm is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Jones Valley Urban Farm reported income of $2.7m and spending of $2.8m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $2.7m (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jones Valley Urban Farm sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 92nd percentile within AL. Charities of a similar size with the same main cause include Learning Undefeated Inc ($2.7m), Genesee Gateway Local Development Corporation ($2.7m) and General Federation of Womens Clubs ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $142k (5.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.3m against liabilities of $1.8m, net assets of $6.5m. It reported 56 employees.