Old Field Farms Ltd

Analysis

Old Field Farms Ltd is a registered charity in United States, based in Saint James, NY. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Old Field Farms Ltd reported income of $105k and spending of $130k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $105k (+14%), an average of +14% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Old Field Farms Ltd sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Polish American Historic Site Association Inc ($105k), The American Spanish Dance Theatre Inc ($105k) and International Association for Computers and Communications ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $297k against liabilities of $516, net assets of $296k.