Route One Farmers Market

Analysis

Route One Farmers Market is a registered charity in United States, based in Lompoc, CA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Route One Farmers Market reported income of $168k and spending of $210k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $244k to $168k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Route One Farmers Market sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Suburban Service League ($168k), Risen Savior Missions ($168k) and Callaway County United Way Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $111k against liabilities of $13k, net assets of $98k.