Three Springs Community Farm Foundation Inc

Analysis

Three Springs Community Farm Foundation Inc is a registered charity in United States, based in Bodega, CA. It received its IRS tax-exemption ruling in June 2019, 7 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, Three Springs Community Farm Foundation Inc reported income of $216k and spending of $144k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $216k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 339%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Three Springs Community Farm Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Society of St Vincent Depaul Se Alcona County Mikado ($216k), Domino Service Dogs ($216k) and Refugee Women Rising ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Other salaries and wages came to $37k. At year end it held assets of $207k against liabilities of $2,000, net assets of $205k. It reported 3 employees.