Book Harvest

Analysis

Book Harvest is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 2011, 15 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, Book Harvest reported income of $5.0m and spending of $3.7m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $5.0m (+197%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Book Harvest sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include JPR Foundation Inc ($5.0m), Shining Star Christian Schools Inc ($5.0m) and Cliff Park High School ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $267k (7.3% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $7.1m against liabilities of $1.6m, net assets of $5.6m. It reported 42 employees.