Harvest Now Inc

Analysis

Harvest Now Inc is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Harvest Now Inc reported income of $662k and spending of $408k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $292k to $662k (+127%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Harvest Now Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include So SEND I You International ($662k), Concord Christian Center ($663k) and Heart of the Father Ministries ($662k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (29% of expenses). Other salaries and wages came to $39k. At year end it held assets of $882k against liabilities of $0, net assets of $882k. It reported 4 employees.