Farm2people Inc

Analysis

Farm2people Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Farm2people Inc reported income of $205k and spending of $132k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $165k to $205k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farm2people Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Mississippi Coats 4 Kidz ($205k), First United Methodist Church Child Care and Preschool Cedar Falls ($205k) and Fraser Independent Living Project III Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $20k (15% of expenses). At year end it held assets of $140k against liabilities of $0, net assets of $140k. It reported 1 employees.