Marshfield Agricultural & Horticultural Society

Analysis

Marshfield Agricultural & Horticultural Society is a registered charity in United States, based in Marshfield, MA. It received its IRS tax-exemption ruling in September 1944, 82 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 September 2023, Marshfield Agricultural & Horticultural Society reported income of $4.6m and spending of $3.7m, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $63k to $4.6m (+7147%), an average of +192% a year. The sharpest change came in the year to September 2021, when income rose by 1266%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marshfield Agricultural & Horticultural Society sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Oregon Community Food System Network ($4.6m), North Central Community Action Agency Inc Neighborhood Center Pro ($4.6m) and Credit & Homeownership Empowerment Services ($4.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $205k (5.6% of expenses). At year end it held assets of $6.5m against liabilities of $82k, net assets of $6.4m. It reported 120 employees.