Farr Foundation Inc

Analysis

Farr Foundation Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2024, Farr Foundation Inc reported income of $91k and spending of $26k, leaving 72% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income fell from $101k to $91k (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2023, when income rose by 117%. Over the whole period it spent 20% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farr Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Lakeshore Wind Ensemble Association Inc ($91k), Youth Symphony Orchestra of East Central Indiana Inc ($91k) and The Uintah School District Foundation ($91k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.4% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.