Willow Pond Farm I Inc

Analysis

Willow Pond Farm I Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2016, 10 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, Willow Pond Farm I Inc reported income of $67k and spending of $68k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $67k (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Willow Pond Farm I Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within KY. Charities of a similar size with the same main cause include Our Lady of Lourdes Benevolent Association Inc ($67k), Same Boat Ministries Inc ($67k) and Broncs Booster Committee Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $310k against liabilities of $14k, net assets of $296k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.