Medway Community Farm Inc

Analysis

Medway Community Farm Inc is a registered charity in United States, based in Medway, MA. It received its IRS tax-exemption ruling in October 2009, 17 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, Medway Community Farm Inc reported income of $194k and spending of $197k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $273k to $194k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Medway Community Farm Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Friendship Center of Atlanta Inc ($194k), Family Service of Billings Foundation Inc ($194k) and Plymouth Area Community Closet ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 34% of the total. Other salaries and wages came to $118k. At year end it held assets of $161k against liabilities of $134k, net assets of $27k. It reported 11 employees.