Centennial Farm Foundation

Analysis

Centennial Farm Foundation is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Centennial Farm Foundation reported income of $69k and spending of $89k, spending 128% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $37k to $69k (+89%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 526%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Centennial Farm Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Jacksonville Unity Plaza Inc ($69k), Junior Service League of Independence Mo Administrative Fun ($69k) and Vision Supply ($69k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.