Harvest8 Sports Group Inc

Analysis

Harvest8 Sports Group Inc is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Harvest8 Sports Group Inc reported income of $354k and spending of $342k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $208k to $354k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Harvest8 Sports Group 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 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Band Boosters of Santa Cruz High School ($354k), Baker County 4h-Ffa Livestock Auction Association ($354k) and Home Plate Properties ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $123k. At year end it held assets of $121k against liabilities of $43k, net assets of $78k.