Monocacy Farms

Analysis

Monocacy Farms is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in March 1946, 80 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, Monocacy Farms reported income of $203k and spending of $207k, spending 102% of its income. The sharpest change came in the year to June 2022, when income rose by 238%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monocacy Farms sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Helping Hands of Kilgore ($203k), Vickery Meadow Neighborhood Alliance ($203k) and Healing House ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 13% of the total. Other salaries and wages came to $119k. At year end it held assets of $364k against liabilities of $6,724, net assets of $357k.