Healthy Harvest Food Bank Inc

Analysis

Healthy Harvest Food Bank Inc is a registered charity in United States, based in Warsaw, VA. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2023, Healthy Harvest Food Bank Inc reported income of $5.6m and spending of $5.0m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $5.6m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healthy Harvest Food Bank Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Springboard to Opportunities ($5.6m), The Albany Damien Center Inc ($5.6m) and Alliance Human Services Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $150k (3.0% of expenses). Other salaries and wages came to $369k. At year end it held assets of $6.9m against liabilities of $2.9m, net assets of $4.0m. It reported 9 employees.