Groundswell Center for Local Food and Farming Inc

Analysis

Groundswell Center for Local Food and Farming Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in May 2019, 7 years ago. 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, Groundswell Center for Local Food and Farming Inc reported income of $172k and spending of $209k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $372k to $172k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Groundswell Center for Local Food and Farming Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include The Becky Walker Science Scholarship Inc ($172k), Lake Wales Library Association Inc ($172k) and Great Commission Inc ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $63k (30% of expenses). Other salaries and wages came to $43k. It paid $3,191 in professional fundraising fees. At year end it held assets of $152k against liabilities of $79k, net assets of $73k. It reported 6 employees.