Farm and Community Collaborative Inc

Analysis

Farm and Community Collaborative Inc is a registered charity in United States, based in Lakeville, MA. It received its IRS tax-exemption ruling in August 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Farm and Community Collaborative Inc reported income of $243k and spending of $147k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $243k (+174%), an average of +174% a year. The sharpest change came in the year to December 2023, when income rose by 174%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farm and Community Collaborative Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Los Islenos Heritage & Cultural Society of St Bernard ($243k), Blue Humming Therapy ($243k) and The QC Family Tree Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $21k (14% of expenses). At year end it held assets of $26k against liabilities of $3,811, net assets of $22k. It reported 1 employees.