Minority & Veteran Farmers of the Piedmont

Analysis

Minority & Veteran Farmers of the Piedmont is a registered charity in United States, based in Ruckersville, VA. It received its IRS tax-exemption ruling in September 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, Minority & Veteran Farmers of the Piedmont reported income of $155k and spending of $126k, spending 81% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $179k to $155k (-13%), an average of -13% a year. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minority & Veteran Farmers of the Piedmont 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 48th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Birmingham United Neighborhoods ($155k), Elderwise ($155k) and Santa Barbara Immigration Community Center Inc ($155k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. It paid $15k in professional fundraising fees. At year end it held assets of $113k against liabilities of $0, net assets of $113k.