Lewis Educational Agricultural Farm

Analysis

Lewis Educational Agricultural Farm is a registered charity in United States, based in Southington, CT. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Lewis Educational Agricultural Farm reported income of $217k and spending of $192k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $275k to $217k (-21%), an average of -7.5% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lewis Educational Agricultural Farm 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 56th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include Funding New Beginnings Community Foundation ($217k), Meeting Place One Inc ($217k) and Positive Directions Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $18k (9.3% of expenses). Other salaries and wages came to $52k. It paid $913 in professional fundraising fees. At year end it held assets of $82k against liabilities of $167k, net assets of -$85k. It reported 18 employees.