Phillies Bridge Farm Project Inc

Analysis

Phillies Bridge Farm Project Inc is a registered charity in United States, based in New Paltz, NY. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Phillies Bridge Farm Project Inc reported income of $356k and spending of $376k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $356k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Phillies Bridge Farm Project Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Havana Community Development Corporation Inc ($356k), Mitrata-Nepal Foundation for Children ($356k) and Smart Gen Society Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $203k. At year end it held assets of $791k against liabilities of $67k, net assets of $723k. It reported 23 employees.