Helping Friendly Farm Inc

Analysis

Helping Friendly Farm Inc is a registered charity in United States, based in New Hope, PA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Helping Friendly Farm Inc reported income of $86k and spending of $51k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $272k to $86k (-68%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 18% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Helping Friendly Farm Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Destined for Greatness Inc ($86k), Discovery Challenge Nonprofit Inc ($86k) and Edisto Island Youth Recreation ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $502k against liabilities of $0, net assets of $502k.