Farm Place Inc

Analysis

Farm Place Inc is a registered charity in United States, based in Lagrange, IN. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Farm Place Inc reported income of $72k and spending of $23k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $107k to $72k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 31% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Farm Place Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Supporting Sunrise ($72k), Bliley Manor Inc ($72k) and Medical Foundation of Wake Forest University Health Sciences and the ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $874k against liabilities of $500, net assets of $874k.