Koinonia Farm
Analysis
Koinonia Farm is a registered charity in United States, based in Americus, GA. It received its IRS tax-exemption ruling in June 1961, 65 years ago. 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 June 2023, Koinonia Farm reported income of $997k and spending of $1.0m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $907k to $997k (+9.9%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 104% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Koinonia Farm sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Main Street Foundation ($997k), G-R Daycare Inc ($997k) and E M Holt Community Volunteer Fire Department ($997k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 57% of the total. Other salaries and wages came to $242k. At year end it held assets of $1.1m against liabilities of $373k, net assets of $677k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 57%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Main Street Foundation | Austin | $997k |
| G-R Daycare Inc | Reinbeck | $997k |
| E M Holt Community Volunteer Fire Department | Burlington | $997k |
| Volunteers of America Inc | Alexandria | $998k |