Lexington Community Farm Coalition Inc

Analysis

Lexington Community Farm Coalition Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in February 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lexington Community Farm Coalition Inc reported income of $750k and spending of $722k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $354k to $750k (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lexington Community Farm Coalition Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Alliance of Rhode Island Southeast Asians for Education ($750k), Adoption Resource Center ($750k) and Take Charge Minnesota ($749k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $72k (10% of expenses). Other salaries and wages came to $236k. At year end it held assets of $585k against liabilities of $47k, net assets of $538k. It reported 10 employees.