Yellow Farmhouse Education Center

Analysis

Yellow Farmhouse Education Center is a registered charity in United States, based in Stonington, CT. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Yellow Farmhouse Education Center reported income of $573k and spending of $492k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $329k to $573k (+74%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yellow Farmhouse Education Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Santram Bhakta Samaj Inc ($573k), Empower Youth in the Performing Arts Inc ($573k) and Catv Inc ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 17% of the total. Other salaries and wages came to $269k. At year end it held assets of $407k against liabilities of $87k, net assets of $319k. It reported 10 employees.