Pitney Meadows Community Farm Inc

Analysis

Pitney Meadows Community Farm Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in October 2016, 10 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, Pitney Meadows Community Farm Inc reported income of $798k and spending of $802k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $625k to $798k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pitney Meadows Community Farm Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Northwest Lansing Healthy Communities Initiative ($798k), Pids Foundation ($798k) and 200 Club of Savannah Inc ($798k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $103k (13% of expenses). Other salaries and wages came to $308k. At year end it held assets of $4.2m against liabilities of $326k, net assets of $3.8m. It reported 16 employees.