Youth Farm Project Inc

Analysis

Youth Farm Project Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Youth Farm Project Inc reported income of $308k and spending of $291k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $264k to $308k (+17%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youth Farm Project 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 59th percentile within NY. Charities of a similar size with the same main cause include Evergreen School District 114 Foundation ($308k), Lily Foundation of America ($308k) and Friends of the Multnomah County Library ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $128k (44% of expenses). Other salaries and wages came to $48k. At year end it held assets of $80k against liabilities of $20k, net assets of $60k. It reported 4 employees.