Cultivate Care Farms

Analysis

Cultivate Care Farms is a registered charity in United States, based in Bolton, MA. It received its IRS tax-exemption ruling in September 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, Cultivate Care Farms reported income of $804k and spending of $851k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $357k to $804k (+125%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cultivate Care Farms sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include The Lavender Clinic ($804k), Ecs Supportive Fund Management ($804k) and Visiting Christian Science Nursing Service for Los Angeles County Inc ($804k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $88k (10% of expenses). Other salaries and wages came to $447k. At year end it held assets of $536k against liabilities of $99k, net assets of $437k. It reported 22 employees.