Clemmons Family Farm

Analysis

Clemmons Family Farm is a registered charity in United States, based in Charlotte, VT. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Clemmons Family Farm reported income of $1.9m and spending of $698k, leaving 64% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $498k to $1.9m (+288%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clemmons Family Farm sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within VT. Charities of a similar size with the same main cause include Pack Place Performing Arts ($1.9m), Elachee Nature Science Center ($1.9m) and Putnam Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $140k (20% of expenses). Other salaries and wages came to $115k. At year end it held assets of $2.0m against liabilities of $189k, net assets of $1.8m. It reported 3 employees.