Farm & Home Foundation of Lancaster County

Analysis

Farm & Home Foundation of Lancaster County is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in January 1964, 62 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Farm & Home Foundation of Lancaster County reported income of $665k and spending of $583k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $763k to $665k (-13%), an average of -3.4% a year. The sharpest change came in the year to September 2022, when income rose by 22%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farm & Home Foundation of Lancaster County sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Rebuilding Together Atlanta Inc ($665k), RSHM Life Center Inc ($665k) and Genesee County Legal Aid Society ($665k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.4% and program service revenue 103% of the total. Compensation of current officers, directors and key employees was $66k (11% of expenses). Other salaries and wages came to $38k. At year end it held assets of $3.5m against liabilities of $69k, net assets of $3.4m. It reported 4 employees.