Memory Lane Farm Inc

Analysis

Memory Lane Farm Inc is a registered charity in United States, based in Marshfield, WI. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Memory Lane Farm Inc reported income of $142k and spending of $108k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $142k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Memory Lane Farm Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within WI. Charities of a similar size with the same main cause include Western Pennsylvania Police Athletic League Inc ($142k), Mount Olivet Lab School Inc ($142k) and Bull City Woodshop ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.