Lily Creek Farms

Analysis

Lily Creek Farms is a registered charity in United States, based in Napoleon, OH. It received its IRS tax-exemption ruling in September 2013, 13 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, Lily Creek Farms reported income of $627k and spending of $429k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $279k to $627k (+125%), an average of +125% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lily Creek Farms sits at the 71st percentile: it is larger than about 70% 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 Pillar Seminary ($627k), Topeka Electrical Joint Apprenticeship and Training Trust ($627k) and G M I L C S Inc ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $43k (10% of expenses). Other salaries and wages came to $100k. At year end it held assets of $938k against liabilities of $523k, net assets of $415k. It reported 15 employees.