Susu Community Farm Inc

Analysis

Susu Community Farm Inc is a registered charity in United States, based in Newfane, VT. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, 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, Susu Community Farm Inc reported income of $1.5m and spending of $1.1m, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.4m to $1.5m (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Susu Community Farm Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within VT. Charities of a similar size with the same main cause include Monroe County Human Development Center Inc ($1.5m), Clark County Youth Shelter and Family Services Inc ($1.5m) and Junction City YMCA Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $234k (21% of expenses). Other salaries and wages came to $257k. At year end it held assets of $2.0m against liabilities of $50k, net assets of $2.0m. It reported 9 employees.