Church Farm School

Analysis

Church Farm School is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in May 1943, 83 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Church Farm School reported income of $7.4m and spending of $12.8m, spending 173% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.7m to $7.4m (-56%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 232%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Church Farm School 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 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Finishing Trades Institute of DC 14 Chicago ($7.4m), Westminster School Inc ($7.4m) and Gateway Research Park Inc ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $342k (2.7% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $192.0m against liabilities of $2.9m, net assets of $189.0m. It reported 91 employees.