Heath Agricultural Society Inc

Analysis

Heath Agricultural Society Inc is a registered charity in United States, based in Heath, MA. It received its IRS tax-exemption ruling in August 2014, 12 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, Heath Agricultural Society Inc reported income of $103k and spending of $116k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $103k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heath Agricultural Society Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Empty Pantry Fund Inc ($103k), Reaching Out to Community and Kids ($103k) and Dickenson County Food Bank ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $243k against liabilities of $1,250, net assets of $242k.