Bolharvester Foundation Inc

Analysis

Bolharvester Foundation Inc is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bolharvester Foundation Inc reported income of $105k and spending of $177k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $191k to $105k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bolharvester Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include The Interfaith Peace Project ($105k), Renew Partnerships ($105k) and Gospel Projects International Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.