Pennypack Farm Education Center for Sustainable Food Systems
Analysis
Pennypack Farm Education Center for Sustainable Food Systems is a registered charity in United States, based in Horsham, PA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Pennypack Farm Education Center for Sustainable Food Systems reported income of $592k and spending of $540k, spending 91% of its income. Across the 6 years on record, from October 2019 to December 2023, income grew from $404k to $592k (+46%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 694%. Over the whole period it spent 85% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pennypack Farm Education Center for Sustainable Food Systems sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Xenophon Therapeutic Riding Center ($592k), Marion County Veterans Helping Veterans Inc ($592k) and Our Safehaven Inc ($592k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $79k (15% of expenses). Other salaries and wages came to $224k. At year end it held assets of $825k against liabilities of $167k, net assets of $658k. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 62%
- Other 4.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Xenophon Therapeutic Riding Center | Orinda | $592k |
| Marion County Veterans Helping Veterans Inc | Ocala | $592k |
| Our Safehaven Inc | Castro Valley | $592k |
| Desormeaux Foundation Inc | Lafayette | $592k |