Coonamessett Farm Foundation Inc

Analysis

Coonamessett Farm Foundation Inc is a registered charity in United States, based in East Falmouth, MA. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Coonamessett Farm Foundation Inc reported income of $2.7m and spending of $2.9m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.7m (+46%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 82% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Coonamessett Farm Foundation Inc sits at the 89th percentile: it is larger than about 89% 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 California Stormwater Quality Association ($2.7m), Squam Lakes Association ($2.7m) and Ocean Research & Conservation Association Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.3m against liabilities of $399k, net assets of $2.9m. It reported 20 employees.