Community Agricultural and Nutritional Enterprises Inc

Analysis

Community Agricultural and Nutritional Enterprises Inc is a registered charity in United States, based in Whitesburg, KY. It received its IRS tax-exemption ruling in May 2020, 6 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 December 2023, Community Agricultural and Nutritional Enterprises Inc reported income of $766k and spending of $855k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $165k to $766k (+364%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 388%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Agricultural and Nutritional Enterprises Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Family Promise of Greater Savannah Inc ($766k), Presbyterian Home of Maryland Inc ($767k) and Cotillion Home ($766k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 38% of the total. Other salaries and wages came to $243k. At year end it held assets of $326k against liabilities of $74k, net assets of $252k. It reported 17 employees.