Shared Harvest Foundation Inc

Analysis

Shared Harvest Foundation Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Shared Harvest Foundation Inc reported income of $637k and spending of $1.1m, spending 178% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.8m to $637k (-65%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shared Harvest Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Friends of the Dallas Public Library Inc ($637k), Dobyns Bennett Band Boosters Club ($637k) and Malvern Public Library ($637k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $243k (21% of expenses). Other salaries and wages came to $242k. At year end it held assets of $35k against liabilities of $6,929, net assets of $29k. It reported 2 employees.