2020 Farmers Cooperative Incorporated

Analysis

2020 Farmers Cooperative Incorporated is a registered charity in United States, based in Nathalie, VA. It received its IRS tax-exemption ruling in March 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, 2020 Farmers Cooperative Incorporated reported income of $254k and spending of $193k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $254k (+259%), an average of +259% a year. The sharpest change came in the year to December 2023, when income rose by 259%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 2020 Farmers Cooperative Incorporated sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Solidarity STL Inc ($254k), Hopeprint Inc ($254k) and High Adventure Gospel Communication Ministries Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.