Farm Haiti

Analysis

Farm Haiti is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Farm Haiti reported income of $87k and spending of $96k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $87k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Farm Haiti sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Gnostic Christian Churches USA Corp ($87k), Serbian Orthodox Monastery of Saint Nikolaj Bishop of Zica ($87k) and Step by Step Ministries Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $196k against liabilities of $20k, net assets of $176k.