Snow Farm-The New England Craft Program Inc

Analysis

Snow Farm-The New England Craft Program Inc is a registered charity in United States, based in Williamsburg, MA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Snow Farm-The New England Craft Program Inc reported income of $1.9m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.9m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Snow Farm-The New England Craft Program Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Lakeland-Andover School ($1.9m), Iovine and Young Foundation ($1.9m) and Geneva Classical Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $113k (6.1% of expenses). Other salaries and wages came to $811k. At year end it held assets of $1.7m against liabilities of $1.1m, net assets of $529k. It reported 168 employees.