Steadfast Family Farm Inc

Analysis

Steadfast Family Farm Inc is a registered charity in United States, based in Eastanollee, GA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Steadfast Family Farm Inc reported income of $269k and spending of $134k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $269k (+297%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 292%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Steadfast Family Farm Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Exago Ministries Inc ($269k), Sherry White Ministries Inc ($269k) and Alpha Omega Ministries ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $22k (16% of expenses). Other salaries and wages came to $15k. At year end it held assets of $215k against liabilities of $4,963, net assets of $210k. It reported 3 employees.