Avaloch Farm Music Retreat Inc

Analysis

Avaloch Farm Music Retreat Inc is a registered charity in United States, based in Boscawen, NH. It received its IRS tax-exemption ruling in December 2011, 15 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 December 2023, Avaloch Farm Music Retreat Inc reported income of $657k and spending of $971k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $657k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 186%. Over the whole period it spent 216% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avaloch Farm Music Retreat Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within NH. Charities of a similar size with the same main cause include Mississippi Valley Montessori School Inc ($657k), Special Books by Special Kids Inc ($657k) and Florida Emergency Medicine Teaching Alliance Inc ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 33% of the total. Other salaries and wages came to $370k. It paid $2,525 in professional fundraising fees. At year end it held assets of $7.0m against liabilities of $16k, net assets of $7.0m. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.