O2 Urban Farms

Analysis

O2 Urban Farms is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 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, O2 Urban Farms reported income of $57k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $155k to $57k (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, O2 Urban Farms sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Release & Refresh Womens ($57k), SSSBC Inc ($57k) and Mobile Mantra Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $252k against liabilities of $108k, net assets of $144k. It reported 5 employees.