Lark Farm Inc

Analysis

Lark Farm Inc is a registered charity in United States, based in Weatherly, PA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. 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, Lark Farm Inc reported income of $52k and spending of $52k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $52k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lark Farm Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Marien-Heim of Brooklyn ($52k), Friends of Longview Senior Center ($52k) and Senior Citizens Organization Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $12k against liabilities of $25k, net assets of -$13k.