Farm Ministry Inc

Analysis

Farm Ministry Inc is a registered charity in United States, based in Dayton, VA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, 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, Farm Ministry Inc reported income of $150k and spending of $128k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $213k to $150k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farm Ministry 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 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Delta Prevention ($150k), Initiative for Transnational Justice Inc ($150k) and Caldwell County Agricultural Fair ($150k).

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 $120k against liabilities of $0, net assets of $120k.