Common Ground Farm Inc

Analysis

Common Ground Farm Inc is a registered charity in United States, based in Beacon, NY. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Common Ground Farm Inc reported income of $669k and spending of $649k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $669k (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Common Ground Farm Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include New Era Creative Space Inc ($669k), Georgetown Family Center Inc ($670k) and Lower Bucks Community Centers Inc ($669k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $64k (9.8% of expenses). Other salaries and wages came to $338k. At year end it held assets of $226k against liabilities of $100k, net assets of $126k. It reported 22 employees.