Needham Community Farm Inc

Analysis

Needham Community Farm Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in April 2009, 17 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, Needham Community Farm Inc reported income of $314k and spending of $166k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $314k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 57% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Needham Community Farm Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Northwest Community Land Trust Coalition ($313k), Sustainable Woodstock Inc ($314k) and Kansas Land Trust Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Other salaries and wages came to $113k. At year end it held assets of $381k against liabilities of $819, net assets of $380k. It reported 6 employees.