Americas Second Harvest of Coastal Georgia Inc

Analysis

Americas Second Harvest of Coastal Georgia Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 September 2023, Americas Second Harvest of Coastal Georgia Inc reported income of $43.0m and spending of $11.5m, leaving 73% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.5m to $43.0m (+409%), an average of +50% a year. The sharpest change came in the year to September 2023, when income rose by 102%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Americas Second Harvest of Coastal Georgia Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Community Living Services Inc ($43.0m), The Arc of San Diego ($43.1m) and Valley Youth House Committee ($43.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 7.2% of the total. Other salaries and wages came to $2.6m. It paid $172k in professional fundraising fees. At year end it held assets of $61.4m against liabilities of $1.5m, net assets of $59.9m. It reported 72 employees.