Canticle Farm

Analysis

Canticle Farm is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Canticle Farm reported income of $1.7m and spending of $571k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $976k to $1.7m (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 33% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canticle Farm sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Rio Grande Child Development Center & Family Services ($1.7m), After Gateway Inc ($1.7m) and Lifecycle Building Center Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $7.6m against liabilities of $3.8m, net assets of $3.8m.