Farm Share Inc

Analysis

Farm Share Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in October 1993, 33 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 June 2023, Farm Share Inc reported income of $170.8m and spending of $171.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $146.4m to $170.8m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farm Share Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Special Service for Groups Inc ($169.9m), Maniilaq Association ($171.6m) and Community Action Partnership of Kern ($169.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $422k (0.2% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $22.5m against liabilities of $1.3m, net assets of $21.1m. It reported 127 employees.