Community Farmshare

Analysis

Community Farmshare is a registered charity in United States, based in Poolesville, MD. It received its IRS tax-exemption ruling in September 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, Community Farmshare reported income of $346k and spending of $335k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $346k (+127%), an average of +127% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Farmshare sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Healthy Hood Chicago ($346k), Human Development and Children Foundation ($346k) and Hoops House ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (8.4% of expenses). Other salaries and wages came to $25k. At year end it held assets of $75k against liabilities of $7,682, net assets of $67k. It reported 4 employees.