Harvest Hill Foundation Inc

Analysis

Harvest Hill Foundation Inc is a registered charity in United States, based in Bowmansville, NY. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Harvest Hill Foundation Inc reported income of $346k and spending of $443k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $346k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Harvest Hill Foundation 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 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Childrens Athletic Development Association Inc ($346k), South Central Fair Association Incorporated ($346k) and Inclusively Fit Foundation ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $80k (18% of expenses). Other salaries and wages came to $217k. At year end it held assets of $129k against liabilities of $0, net assets of $129k. It reported 32 employees.