High Spirit Community Farm Inc

Analysis

High Spirit Community Farm Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, High Spirit Community Farm Inc reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $813k to $1.1m (+38%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, High Spirit Community Farm Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include E Reyes Apartments Housing Development Fund Corporation ($1.1m), Southeast Technical Institute Housing Foundation ($1.1m) and Lewistown Area Community Development Corporation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $349k. At year end it held assets of $2.4m against liabilities of $957k, net assets of $1.4m. It reported 9 employees.