Heritage Farm Inc

Analysis

Heritage Farm Inc is a registered charity in United States, based in Bouckville, NY. It received its IRS tax-exemption ruling in October 1985, 41 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 (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, Heritage Farm Inc reported income of $2.1m and spending of $1.6m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.1m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Heritage Farm Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Camp Fire ($2.1m), Heart of the Kids Social Services Inc ($2.1m) and A G Gaston Boys and Girls Club Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 82% of the total. Other salaries and wages came to $828k. At year end it held assets of $2.5m against liabilities of $327k, net assets of $2.1m. It reported 57 employees.