Khalsa Family Farms

Analysis

Khalsa Family Farms is a registered charity in United States, based in Espanola, NM. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Khalsa Family Farms reported income of $197k and spending of $197k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $197k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Khalsa Family Farms sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NM. Charities of a similar size with the same main cause include Dirt Roads Network ($197k), Phat an Monastery ($197k) and Crossroads Family Ministries Inc ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $59k against liabilities of $62k, net assets of -$2,791.