Cosecha Aquaponics

Analysis

Cosecha Aquaponics is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in February 2022, 4 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, Cosecha Aquaponics reported income of $92k and spending of $101k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $92k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cosecha Aquaponics sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within UT. Charities of a similar size with the same main cause include Michigan State Troopers Assistance Fund ($92k), Cave City Watermelon Festival ($92k) and Lake Crystals G R a C E ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.