Cherry Street Farmers Market Inc

Analysis

Cherry Street Farmers Market Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2014, 12 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, Cherry Street Farmers Market Inc reported income of $193k and spending of $161k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $180k to $193k (+7.3%), an average of +7.3% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cherry Street Farmers Market Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Family & Kids Foundation ($193k), Wisconsin Knights of Columbus Charities Inc ($193k) and New Directions Foundation Inc ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 55% of the total. At year end it held assets of $121k against liabilities of $50, net assets of $121k.