Gyo Greens Farms Inc

Analysis

Gyo Greens Farms Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in April 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, Gyo Greens Farms Inc reported income of $154k and spending of $160k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $154k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gyo Greens Farms Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include No Heart Left Behind Foundation ($154k), Hope House ($154k) and Hannahs House Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 6.9% of the total. At year end it held assets of $20k against liabilities of $14k, net assets of $6,311.