Old Farm Inn Inc

Analysis

Old Farm Inn Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in October 2011, 15 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, Old Farm Inn Inc reported income of $216k and spending of $438k, spending 203% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $216k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 142% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Old Farm Inn Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Alexandria Community Thrift Storeinc ($216k), Refugee Women Rising ($216k) and Inner Court Family Center ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $1.9m against liabilities of $523k, net assets of $1.4m.