Good Works Farm

Analysis

Good Works Farm is a registered charity in United States, based in Waynesville, OH. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover human services, 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, Good Works Farm reported income of $615k and spending of $597k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $359k to $615k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Works Farm sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Benzaiten Center for Creative Arts Inc ($615k), Chickpeas Child Care Center Inc ($615k) and Impact 100 of Indian River County Inc ($615k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $22k (3.6% of expenses). Other salaries and wages came to $254k. It paid $30 in professional fundraising fees. At year end it held assets of $223k against liabilities of $18k, net assets of $206k. It reported 16 employees.