Friends of Schumacher Farm Inc

Analysis

Friends of Schumacher Farm Inc is a registered charity in United States, based in Waunakee, WI. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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, Friends of Schumacher Farm Inc reported income of $255k and spending of $408k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $255k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Schumacher Farm Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include NSSLC Inc ($255k), St Annes Building Corporation ($255k) and Cocolalla Lake Bible Conference Association ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. Other salaries and wages came to $37k. At year end it held assets of $128k against liabilities of $809, net assets of $127k. It reported 4 employees.