Massaro Community Farm Inc

Analysis

Massaro Community Farm Inc is a registered charity in United States, based in Woodbridge, CT. It received its IRS tax-exemption ruling in December 2009, 17 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, Massaro Community Farm Inc reported income of $728k and spending of $700k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $728k (+54%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Massaro Community Farm Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Loyal Order of Reenactment Enthusiasts Inc ($728k), Phil Clef Club of the Performing Arts Inc ($728k) and Kimball Jenkins Inc ($728k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $76k (11% of expenses). Other salaries and wages came to $266k. It paid $30k in professional fundraising fees. At year end it held assets of $225k against liabilities of $25k, net assets of $200k. It reported 32 employees.