Illinois Farmers Market Association NFP

Analysis

Illinois Farmers Market Association NFP is a registered charity in United States, based in North Aurora, IL. It received its IRS tax-exemption ruling in June 2013, 13 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 (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, Illinois Farmers Market Association NFP reported income of $77k and spending of $72k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $77k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Farmers Market Association NFP sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Family Sunshine Center Foundation Inc ($77k), Stimulating Minds Through Entrepreneurship & Leadership ($77k) and Scotts Hill Senior Center ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 4.5% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.