Farm Rescue

Analysis

Farm Rescue is a registered charity in United States, based in Horace, ND. It received its IRS tax-exemption ruling in August 2005, 21 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 Rescue reported income of $3.5m and spending of $2.5m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.5m (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farm Rescue sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within ND. Charities of a similar size with the same main cause include Angelwood Inc ($3.5m), United Community Centers Inc ($3.5m) and New Beginnings for Tomorrow Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 2.4% of the total. Other salaries and wages came to $538k. At year end it held assets of $5.8m against liabilities of $796k, net assets of $5.0m. It reported 10 employees.