Colonial Pennsylvania Farmstead

Analysis

Colonial Pennsylvania Farmstead is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in August 1973, 53 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Colonial Pennsylvania Farmstead reported income of $245k and spending of $303k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $245k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colonial Pennsylvania Farmstead sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Art of the Lakes Association Inc ($245k), Puerto Rican Folkloric Dance Inc ($245k) and Canvas Institute ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 67% of the total. Other salaries and wages came to $201k. At year end it held assets of $55k against liabilities of $9,257, net assets of $46k. It reported 25 employees.