Human Agricultural Cooperative Inc

Analysis

Human Agricultural Cooperative Inc is a registered charity in United States, based in Fort Wayne, IN. 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, Human Agricultural Cooperative Inc reported income of $421k and spending of $408k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $421k (+220%), an average of +220% a year. The sharpest change came in the year to December 2023, when income rose by 220%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Human Agricultural Cooperative Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Choice Living Community ($421k), Arc of Levy County Inc ($421k) and The Family & Childrens Society Inc ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $107k (26% of expenses). At year end it held assets of $36k against liabilities of $0, net assets of $36k.