Organiceye Inc

Analysis

Organiceye Inc is a registered charity in United States, based in LA Farge, WI. It received its IRS tax-exemption ruling in December 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, Organiceye Inc reported income of $407k and spending of $261k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $806k to $407k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Organiceye Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Montgomery County Federation of Fmles for CHLDRNS MNTL Health Inc ($407k), Burrito Brigade ($407k) and Urban Community Network ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $135k (52% of expenses). At year end it held assets of $792k against liabilities of $32k, net assets of $760k. It reported 1 employees.