New Harvest Educational Centers

Analysis

New Harvest Educational Centers is a registered charity in United States, based in Clewiston, FL. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Harvest Educational Centers reported income of $1.9m and spending of $2.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Harvest Educational Centers sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Beta Gamma Sigma Inc ($1.9m), North Central Michigan College Foundation ($1.9m) and Acimco ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.7m against liabilities of $2.6m, net assets of $1.0m. It reported 64 employees.