Wisdom of the Elderberry Farm

Analysis

Wisdom of the Elderberry Farm is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Wisdom of the Elderberry Farm reported income of $498k and spending of $435k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $466k to $498k (+7.0%), an average of +7.0% a year. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wisdom of the Elderberry Farm sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OR. Charities of a similar size with the same main cause include Naugatuck Valley Project Inc ($498k), Latin American Economic Development Association Inc ($499k) and Macomb County Community Dispute Resolution Center Inc ($498k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $59k (14% of expenses). Other salaries and wages came to $101k. At year end it held assets of $185k against liabilities of $5,284, net assets of $180k. It reported 20 employees.