Harvest Community Charities Inc

Analysis

Harvest Community Charities Inc is a registered charity in United States, based in Pelham, AL. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2022, Harvest Community Charities Inc reported income of $90k and spending of $97k, spending 109% of what it took in. Across the 2 years on record, from December 2020 to December 2022, income fell from $500k to $90k (-82%), an average of -82% a year. The sharpest change came in the year to December 2022, when income dropped by 82%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harvest Community Charities Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AL. Charities of a similar size with the same main cause include Hopewell Basketball Association ($90k), Rose Foundation ($90k) and Heavens Harvest Food Panrty ($89k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,095 against liabilities of $0, net assets of $1,095.