Cedar Circle Farm and Education Center Inc

Analysis

Cedar Circle Farm and Education Center Inc is a registered charity in United States, based in East Thetford, VT. It received its IRS tax-exemption ruling in March 2020, 6 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 (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, Cedar Circle Farm and Education Center Inc reported income of $2.8m and spending of $2.1m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $416k to $2.8m (+580%), an average of +90% a year. The sharpest change came in the year to December 2021, when income rose by 290%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cedar Circle Farm and Education Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within VT. Charities of a similar size with the same main cause include Nutrition Services Incorporated ($2.8m), Comal County Senior Citizens Foundation ($2.8m) and Fresh Approach ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $95k (4.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.1m against liabilities of $67k, net assets of $1.1m. It reported 77 employees.