Ray of Light Farm Inc

Analysis

Ray of Light Farm Inc is a registered charity in United States, based in East Haddam, CT. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover human services, 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, Ray of Light Farm Inc reported income of $434k and spending of $504k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $471k to $434k (-7.8%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ray of Light Farm Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Trust Inc ($434k), Washington Institute for Financial Security ($434k) and Garden Grove 1st Preschool Incorporated ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $14k (2.9% of expenses). Other salaries and wages came to $166k. At year end it held assets of $882k against liabilities of $1.1m, net assets of -$171k. It reported 17 employees.