Kings Harvest Inc

Analysis

Kings Harvest Inc is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in February 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 (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, Kings Harvest Inc reported income of $761k and spending of $590k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $776k to $761k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kings Harvest Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include Islamic Center of Puget Sound ($760k), Royal Corporation ($761k) and Truth in Love Ministries ($760k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $446k. At year end it held assets of $1.6m against liabilities of $14k, net assets of $1.6m. It reported 38 employees.