Friends of the Farms

Analysis

Friends of the Farms is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Farms reported income of $228k and spending of $239k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $289k to $228k (-21%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 55% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of the Farms sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Missouri Waste Control Coalition ($228k), San Marcos River Foundation Inc ($229k) and Maine Resource Recovery Association ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $94k (39% of expenses). Other salaries and wages came to $45k. At year end it held assets of $760k against liabilities of $166k, net assets of $594k.