Raleigh City Farm
EIN: 450603306 · Raleigh, NC · NTEE: K99
| Metric | Value |
|---|---|
| Total Revenue | $294K |
| Total Expenses | $184K |
| Net Assets | $132K |
Is Raleigh City Farm Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Raleigh City Farm
Raleigh City Farm (EIN: 450603306) is a nonprofit organization based in Raleigh, NC, classified under NTEE code K99. The organization reported total revenue of $294K and total assets of $194K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raleigh City Farm's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raleigh City Farm is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $184K |
| Surplus / Deficit | +$35K |
| Total Assets | $139K |
| Total Liabilities | $7K |
| Net Assets | $132K |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2023, Raleigh City Farm reported a surplus of $35K with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Raleigh City Farm's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | +13.6% | +42.3% |
| 2022 | +25.8% | +30.6% | +26.1% |
| 2021 | +33.0% | +18.3% | +35.5% |
| 2020 | +84.2% | +93.3% | +6.5% |
| 2019 | -34.6% | -35.1% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Raleigh City Farm has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Raleigh City Farm with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about Raleigh City Farm
Is Raleigh City Farm a legitimate charity?
Raleigh City Farm (EIN: 450603306) is a registered tax-exempt nonprofit based in North Carolina. It has 10 years of IRS 990 filings on record. Total revenue: $294K. No red flags identified. Financial health grade: A.
How does Raleigh City Farm spend its money?
Raleigh City Farm reported $294K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Raleigh City Farm tax-deductible?
Raleigh City Farm is registered as a tax-exempt nonprofit (EIN: 450603306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Raleigh City Farm located?
Raleigh City Farm is headquartered in Raleigh, North Carolina and files with the IRS under EIN 450603306. It is classified under NTEE code K99.
How many years of IRS 990 filings does Raleigh City Farm have?
Raleigh City Farm has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $294K in total revenue.
Filing History
IRS 990 filing history for Raleigh City Farm showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Raleigh City Farm's revenue has grown by 1.4%, moving from $216K to $219K. Total assets increased by 145.8% over the same period, from $57K to $139K. Total functional expenses rose by 10.6%, from $167K to $184K. In its most recent filing year (2023), Raleigh City Farm reported a surplus of $35K, with revenue exceeding expenses. The organization holds $7K in liabilities against $139K in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $132K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $184K | $139K | $7K | — | — |
| 2022 | $182K | $162K | $98K | $297 | — | View 990 |
| 2021 | $145K | $124K | $77K | $178 | — | View 990 |
| 2020 | $109K | $105K | $57K | $566 | — | — |
| 2019 | $59K | $54K | $54K | $1K | — | View 990 |
| 2018 | $91K | $84K | $54K | $6K | — | View 990 |
| 2017 | $62K | $75K | $41K | $0 | — | View 990 |
| 2016 | $143K | $120K | $59K | $0 | — | View 990 |
| 2015 | $255K | $277K | $35K | $0 | — | View 990 |
| 2014 | $216K | $167K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $184K, and assets of $139K (revenue +20.2% year-over-year).
- 2022: Revenue of $182K, expenses of $162K, and assets of $98K (revenue +25.8% year-over-year).
- 2021: Revenue of $145K, expenses of $124K, and assets of $77K (revenue +33.0% year-over-year).
- 2020: Revenue of $109K, expenses of $105K, and assets of $57K (revenue +84.2% year-over-year).
- 2019: Revenue of $59K, expenses of $54K, and assets of $54K (revenue -34.6% year-over-year).
- 2018: Revenue of $91K, expenses of $84K, and assets of $54K (revenue +45.6% year-over-year).
- 2017: Revenue of $62K, expenses of $75K, and assets of $41K (revenue -56.6% year-over-year).
- 2016: Revenue of $143K, expenses of $120K, and assets of $59K (revenue -43.8% year-over-year).
- 2015: Revenue of $255K, expenses of $277K, and assets of $35K (revenue +17.9% year-over-year).
- 2014: Revenue of $216K, expenses of $167K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raleigh City Farm:
Data Sources and Methodology
This transparency report for Raleigh City Farm is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.