Newburgh Urban Farm and Food Inc

Analysis

Newburgh Urban Farm and Food Inc is a registered charity in United States, based in Newburgh, NY. It received its IRS tax-exemption ruling in July 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 2023, Newburgh Urban Farm and Food Inc reported income of $336k and spending of $305k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $80k to $336k (+323%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 182%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newburgh Urban Farm and Food Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Compassion for Life Corporation ($336k), Amana Foundation ($336k) and Monterey Peninsula District Council ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $36k (12% of expenses). Other salaries and wages came to $140k. At year end it held assets of $198k against liabilities of $39k, net assets of $160k. It reported 4 employees.