West Virginia Farmers Market Association Incorporated
Analysis
West Virginia Farmers Market Association Incorporated is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in June 2018, 8 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, West Virginia Farmers Market Association Incorporated reported income of $237k and spending of $253k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $334k to $237k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, West Virginia Farmers Market Association Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within WV. Charities of a similar size with the same main cause include Four Streams Partners Inc ($237k), A Cappella Academy Inc ($237k) and Crested Butte Film Festival ($237k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $56k against liabilities of $966, net assets of $55k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Four Streams Partners Inc | Johns Creek | $237k |
| A Cappella Academy Inc | Los Angeles | $237k |
| Crested Butte Film Festival | Crested Butte | $237k |
| Webster Hope Inc | Webster | $237k |