Community Farm Alliance Inc

Analysis

Community Farm Alliance Inc is a registered charity in United States, based in Berea, KY. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover community improvement and capacity building, 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, Community Farm Alliance Inc reported income of $1.7m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+42%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Farm Alliance Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Pipe Industry Education & Training Fund ($1.7m), Sabre Finance ($1.7m) and Asian Economic Development Association ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $97k (6.2% of expenses). Other salaries and wages came to $542k. At year end it held assets of $484k against liabilities of $63k, net assets of $421k. It reported 16 employees.