Living Hope Farm Inc

Analysis

Living Hope Farm Inc is a registered charity in United States, based in Harleysville, PA. It received its IRS tax-exemption ruling in December 2011, 15 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 December 2023, Living Hope Farm Inc reported income of $351k and spending of $346k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $351k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Hope Farm Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Prettyboy Recreation Council ($351k), Metro Youth Sports Inc ($351k) and Southeast Nebraska YMCA Foundation Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $32k (9.4% of expenses). Other salaries and wages came to $122k. At year end it held assets of $148k against liabilities of $126k, net assets of $22k. It reported 9 employees.