Sola Gratia Farm

Analysis

Sola Gratia Farm is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in August 2017, 9 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, Sola Gratia Farm reported income of $923k and spending of $662k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $923k (+282%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 229%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sola Gratia Farm sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Louise and Anne Thrift & Fleamarket ($923k), Chopchop Family Inc ($923k) and Care2 Fund at Usli Inc ($923k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $73k (11% of expenses). Other salaries and wages came to $294k. At year end it held assets of $1.5m against liabilities of $8,237, net assets of $1.5m. It reported 27 employees.