Akron Community Farms

Analysis

Akron Community Farms is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Akron Community Farms reported income of $76k and spending of $68k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $76k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 46% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Akron Community Farms sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include The Pedal Factory ($76k), Henrys Lake Foundation ($76k) and Smith Gilbert Gardens Foundation Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.