Sylvester Manor Educational Farm

Analysis

Sylvester Manor Educational Farm is a registered charity in United States, based in Shelter Is, NY. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 October 2023, Sylvester Manor Educational Farm reported income of $4.9m and spending of $2.3m, leaving 52% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.0m to $4.9m (+138%), an average of +24% a year. The sharpest change came in the year to October 2020, when income rose by 79%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sylvester Manor Educational Farm sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include High Peaks Hospice and Palliative Care Inc ($4.9m), Florida Dream Center Inc ($4.9m) and Newtrax Incorporated ($4.9m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 68% and program service revenue 9.2% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $28.7m against liabilities of $4.6m, net assets of $24.2m. It reported 64 employees.