The Farm School Inc

Analysis

The Farm School Inc is a registered charity in United States, based in Athol, MA. It received its IRS tax-exemption ruling in June 1989, 37 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Farm School Inc reported income of $2.6m and spending of $2.2m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.6m (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Farm School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Crowleys Ridge Academy ($2.6m), Gersh and Sarah Lemberg Childrens Center Inc ($2.6m) and Policy Project ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.4m against liabilities of $520k, net assets of $2.9m. It reported 52 employees.