Farmily

Analysis

Farmily is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Farmily reported income of $159k and spending of $165k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $75k to $159k (+113%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 187%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farmily sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within NV. Charities of a similar size with the same main cause include Mattole Valley Resource Center ($159k), Harkness Outreach Center NSP ($159k) and Washington Area Senior Citizen Center ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.