Hickory Nut Gap Farm Education Project Inc

Analysis

Hickory Nut Gap Farm Education Project Inc is a registered charity in United States, based in Fairview, NC. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Hickory Nut Gap Farm Education Project Inc reported income of $240k and spending of $226k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $277k to $240k (-13%), an average of -13% a year. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hickory Nut Gap Farm Education Project Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Laurel Cats Inc ($240k), Stray Haven Inc ($240k) and National Newfoundland Rescue Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 102% of the total. Compensation of current officers, directors and key employees was $71k (31% of expenses). Other salaries and wages came to $59k. At year end it held assets of $22k against liabilities of $22k, net assets of -$398. It reported 41 employees.