Harvest International Inc

Analysis

Harvest International Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Harvest International Inc reported income of $378k and spending of $363k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $694k to $378k (-46%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Harvest International Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Interweave Solutions ($377k), Open Hearts Ministries ($378k) and Visitation Hospital Foundation ($377k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $15k (4.0% of expenses). Other salaries and wages came to $21k. At year end it held assets of $698k against liabilities of $14k, net assets of $685k. It reported 4 employees.