Inland Northwest Farmers Market Association

Analysis

Inland Northwest Farmers Market Association is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inland Northwest Farmers Market Association reported income of $61k and spending of $131k, spending 213% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.3m to $61k (-95%), an average of -64% a year. The sharpest change came in the year to December 2022, when income dropped by 96%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inland Northwest Farmers Market Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within WA. Charities of a similar size with the same main cause include Center for Community Services ($61k), River Stones Residential Services Inc ($61k) and Society of St Vincent Depaul of Grand Rapids Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $7,875 (6.0% of expenses). Other salaries and wages came to $6,539. At year end it held assets of $45k against liabilities of $4,165, net assets of $41k. It reported 3 employees.