Charity Search / FARMER VETERAN COALITION
Food, Agriculture & Nutrition (K25) IRS Verified DX Registered 990 on File

FARMER VETERAN COALITION

EIN: 46-2362098 · WACO, TX 76701-1712 · United States · FY 2024 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 50/100
Effectiveness (25%) 86/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
CharityAI™ Score
Not yet evaluated
Mission Statement

The mission of Farmer Veteran Coalition is to feed America and to employ veterans in the task. We cultivate a new generation of farmers and food leaders, and develop viable employment and meaningful careers through the collaboration of the farming and military communities. We believe that veterans possess the unique skills and character needed to strengthen rural communities and create sustainable food systems. We believe that agriculture offers purpose, opportunity, and physical and psychological benefits.

Financial Overview — FY 2024
$2.4M
Total Revenue
$2.3M
Total Expenses
$353K
Net Assets
15
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.8%
Fundraising Efficiency 19.2%
Operating Reserve 1.84x
Liability-to-Asset 66.0%
Revenue Diversification 98.3%
Executive Compensation $173K
Compared with Peers
FY 2024
Compared with 768 similar organizations (United States, Food, Agriculture & Nutrition, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
77.8% 90.1%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
21.9% 6.7%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.3% 0.7%
P10P90
Above median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
19.2% 132.8%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
1.8 mo 7.1 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
66.0% 7.1%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.3% 95.5%
P10P90
Below median
Revenue growth
Year over year revenue growth
23.6% 8.6%
P10P90
Expense growth
Year over year expense growth
8.0% 9.9%
P10P90
Surplus margin
Surplus as a share of revenue
5.5% 1.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.4M $2.3M $353K 77.8% 15
2023 $2.0M $2.1M $219K 75.4% 16
2022 $2.0M $2.0M $380K 73.4% 15
2021 $2.0M $2.0M N/A — 11
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Organization Details
EIN
46-2362098
State
TX
City
WACO
ZIP
76701-1712
Classification
K25
Category
Food, Agriculture & Nutrition
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
208
Foundation Code
15
Form 990
On File
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