Farmsteads of New England Inc

Analysis

Farmsteads of New England Inc is a registered charity in United States, based in Hillsborough, NH. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Farmsteads of New England Inc reported income of $4.4m and spending of $4.3m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $4.4m (+29%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Farmsteads of New England Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NH. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Orange County ($4.4m), Jacobs Ladder Pediatric Rehab Center Inc ($4.4m) and Charles Henderson Memorial Association ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $143k (3.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $2.9m against liabilities of $1.7m, net assets of $1.2m. It reported 120 employees.