Learning Farm Educational Resources Inc

Analysis

Learning Farm Educational Resources Inc is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Learning Farm Educational Resources Inc reported income of $285k and spending of $242k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $491k to $285k (-42%), an average of -17% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Farm Educational Resources Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include The York County Alliance for Learning ($285k), Linganore High School Band Boosters Inc ($285k) and Seeds of Abraham Ministries ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $100k (41% of expenses). Other salaries and wages came to $61k. At year end it held assets of $350k against liabilities of $7,386, net assets of $343k. It reported 3 employees.