Kinship Farm Corporation

Analysis

Kinship Farm Corporation is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Kinship Farm Corporation reported income of $105k and spending of $45k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $105k (+4.7%), an average of +4.7% a year. Over the whole period it spent 71% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kinship Farm Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Citizens Committee to Complete the Refuge ($105k), Federated Garden Clubs of Connecticut Inc ($105k) and Can You Dig It Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $99k against liabilities of $1,864, net assets of $97k.