Old Farm Ministries Inc

Analysis

Old Farm Ministries Inc is a registered charity in United States, based in Springville, IN. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Old Farm Ministries Inc reported income of $69k and spending of $56k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $69k (+12%), an average of +12% a year. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Old Farm Ministries Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Tabernacle of David Ministries International ($69k), Jesus King of All Nations Devotion Inc ($69k) and Alpha and Omega Lighthouse Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $433k against liabilities of $0, net assets of $433k.