Farm Stew International

Analysis

Farm Stew International is a registered charity in United States, based in Princeton, IL. It received its IRS tax-exemption ruling in August 2016, 10 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, Farm Stew International reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $502k to $1.7m (+237%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farm Stew International sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Hip Hop Public Health Inc ($1.7m), Good Samaritan Ministries ($1.7m) and Heartstrings Community Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $106k (7.1% of expenses). Other salaries and wages came to $138k. At year end it held assets of $873k against liabilities of $9,369, net assets of $864k. It reported 8 employees.