New Harvest Global Ministries NFP

Analysis

New Harvest Global Ministries NFP is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, New Harvest Global Ministries NFP reported income of $608k and spending of $562k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $608k (+173%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 198%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, New Harvest Global Ministries NFP sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Operation Nehemiah Missions International Inc ($608k), USA Branch International Fiscal Association Inc ($608k) and Ten Thousand Villages in Evanston Inc ($607k).

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 $72k against liabilities of $0, net assets of $72k.