Potomac Highlands Food and Farm Initiative Inc

Analysis

Potomac Highlands Food and Farm Initiative Inc is a registered charity in United States, based in Davis, WV. It received its IRS tax-exemption ruling in December 2019, 7 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 2022, Potomac Highlands Food and Farm Initiative Inc reported income of $68k and spending of $88k, spending 128% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $198k to $68k (-66%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Potomac Highlands Food and Farm Initiative Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within WV. Charities of a similar size with the same main cause include An Officer and Two Gentlemen Inc ($68k), Wawos ($68k) and Love Hope & Healing Inc ($68k).

At year end it held assets of $451k against liabilities of $31k, net assets of $420k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.