Peterborough Retirement Community at Upland Farm Inc

Analysis

Peterborough Retirement Community at Upland Farm Inc is a registered charity in United States, based in Peterborough, NH. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover human services, 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, Peterborough Retirement Community at Upland Farm Inc reported income of $26.8m and spending of $27.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.0m to $26.8m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peterborough Retirement Community at Upland Farm Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NH. Charities of a similar size with the same main cause include Golden Harvest Food Bank Inc ($26.8m), Developmental Services of Sullivan County Inc ($26.8m) and Judge Baker Childrens Center ($26.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $566k (2.1% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $100.2m against liabilities of $119.8m, net assets of -$19.6m. It reported 391 employees.