Newton Community Farm Inc

Analysis

Newton Community Farm Inc is a registered charity in United States, based in Newton Center, MA. It received its IRS tax-exemption ruling in July 2006, 20 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, Newton Community Farm Inc reported income of $388k and spending of $360k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $388k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newton Community Farm Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include RTS Missions Inc ($388k), Sherman County Community Development Corporation ($388k) and Texas Pride Impact Funds ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 51% of the total. Other salaries and wages came to $182k. At year end it held assets of $740k against liabilities of $7,730, net assets of $733k. It reported 11 employees.