Holcomb Farm Inc

Analysis

Holcomb Farm Inc is a registered charity in United States, based in West Granby, CT. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Holcomb Farm Inc reported income of $472k and spending of $485k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $472k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Holcomb Farm Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Tataviam Land Conservancy ($472k), International Water Resources Association Inc ($473k) and Green Living Science ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 56% of the total. Other salaries and wages came to $249k. At year end it held assets of $595k against liabilities of $264k, net assets of $331k. It reported 14 employees.