The Childrens Farm Inc

Analysis

The Childrens Farm Inc is a registered charity in United States, based in Lake Elmo, MN. It received its IRS tax-exemption ruling in February 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, The Childrens Farm Inc reported income of $305k and spending of $296k, spending 97% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $256k to $305k (+19%), an average of +3.5% a year. The sharpest change came in the year to August 2021, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Childrens Farm Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Cambria School of Excellence Inc ($305k), Community Nursery School of Baldwin ($305k) and North Paulding Band Boosters ($305k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 3.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $31k (10% of expenses). Other salaries and wages came to $145k. At year end it held assets of $183k against liabilities of $12k, net assets of $171k. It reported 20 employees.