Homefarm at Undermountain Inc

Analysis

Homefarm at Undermountain Inc is a registered charity in United States, based in Lenox, MA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Homefarm at Undermountain Inc reported income of $2.7m and spending of $509k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $2.7m (+1909%), an average of +1909% a year. The sharpest change came in the year to December 2023, when income rose by 1909%. Over the whole period it spent 23% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Homefarm at Undermountain Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Ventana Wildlife Society ($2.7m), Stark County Humane Society ($2.7m) and Humane Society of Catawba County ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Other salaries and wages came to $95k. At year end it held assets of $2.2m against liabilities of $1,817, net assets of $2.2m. It reported 6 employees.