The Farm School

Analysis

The Farm School is a registered charity in United States, based in Summertown, TN. It received its IRS tax-exemption ruling in June 1984, 42 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Farm School reported income of $406k and spending of $435k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $252k to $406k (+61%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Farm School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Christian Housing Inc ($406k), Health Information Exchange of Montana Inc ($406k) and Quarryville Library Center ($406k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $13k (3.0% of expenses). Other salaries and wages came to $319k. At year end it held assets of $303k against liabilities of $4,184, net assets of $299k. It reported 19 employees.