Sweet Water Farms Inc

Analysis

Sweet Water Farms Inc is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in August 2021, 5 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 December 2023, Sweet Water Farms Inc reported income of $115k and spending of $192k, spending 167% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $515k to $115k (-78%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sweet Water Farms Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Toms Door ($115k), Self-Help Closet and Pantry of Des Plaines ($115k) and Fond du Lac Area Womens Fund Inc ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.