Newhall Fields Community Farm Inc

Analysis

Newhall Fields Community Farm Inc is a registered charity in United States, based in Peabody, MA. It received its IRS tax-exemption ruling in September 2020, 6 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 (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, Newhall Fields Community Farm Inc reported income of $88k and spending of $90k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $88k (-2.9%), an average of -2.9% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newhall Fields Community Farm Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Sierra Harm Reduction Coalition ($88k), Beraca Foundation ($88k) and Mapimpana Childrens Project USA ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. At year end it held assets of $96k against liabilities of $28k, net assets of $68k.