Asia Harvest

Analysis

Asia Harvest is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Asia Harvest reported income of $5.6m and spending of $4.7m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $5.6m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Asia Harvest sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Orphan Outreach ($5.6m), Meds & Food for Kids ($5.6m) and Peking University Education Foundation USA ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $224k. At year end it held assets of $4.5m against liabilities of $925, net assets of $4.5m. It reported 4 employees.