Farm on Foundation Inc

Analysis

Farm on Foundation Inc is a registered charity in United States, based in Copake, NY. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Farm on Foundation Inc reported income of $1.0m and spending of $844k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $1.0m (+340%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 2263%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Farm on Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Arihanta Institute ($1.0m), Network for Young Adult Success ($1.0m) and New World Montessori School ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 49% of the total. Other salaries and wages came to $510k. At year end it held assets of $6.1m against liabilities of $4.6m, net assets of $1.5m.