Harvest Preserve Foundation Inc

Analysis

Harvest Preserve Foundation Inc is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Preserve Foundation Inc reported income of $201k and spending of $230k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $171k to $201k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Harvest Preserve Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IA. Charities of a similar size with the same main cause include Zion Living Word Ministries ($201k), Mision Evangelica Plantios de Jehova ($201k) and Indiana Biblical Counseling Center Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $123k (53% of expenses). At year end it held assets of $4.8m against liabilities of $393k, net assets of $4.4m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.