Farmlink Project

Analysis

Farmlink Project is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover human services, 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 2023, Farmlink Project reported income of $165.9m and spending of $166.7m, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $51.2m to $165.9m (+224%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 199%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farmlink Project sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Eckerd Youth Alternatives Inc ($164.2m), Professional Contract Services Inc ($166.5m) and Child Development Associates Incorporated ($163.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $165k (0.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.7m against liabilities of $490k, net assets of $4.2m. It reported 22 employees.