Harvesters International Ministries

Analysis

Harvesters International Ministries is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in June 2009, 17 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, Harvesters International Ministries reported income of $2.8m and spending of $2.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.8m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Harvesters International Ministries sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Unfinished Inc ($2.8m), Speranza Foundation ($2.9m) and Iglesia de Dios Pentecostal Region Sudeste Eua ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $93k (3.7% of expenses). Other salaries and wages came to $70k. At year end it held assets of $1.6m against liabilities of $27k, net assets of $1.6m. It reported 5 employees.