Farmyield Africa

Analysis

Farmyield Africa is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Farmyield Africa reported income of $494k and spending of $405k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $494k (+167%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 178%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Farmyield Africa sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Ekam USA Inc ($494k), Kick4life Inc ($494k) and One by One ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (7.8% of expenses). Other salaries and wages came to $3,733. At year end it held assets of $310k against liabilities of $9,550, net assets of $301k. It reported 1 employees.