What If Farms Inc

Analysis

What If Farms Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, What If Farms Inc reported income of $229k and spending of $232k, spending 101% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $351k to $229k (-35%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, What If Farms Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Data for Indigenous Justice ($229k), Pug Rescue of Florida Inc ($229k) and Humane Society of Cherokee County ($229k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $87k against liabilities of $124, net assets of $87k. It reported 3 employees.