Family Harvest Ministries

Analysis

Family Harvest Ministries is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Family Harvest Ministries reported income of $2.0m and spending of $1.7m, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.3m to $2.0m (+55%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Harvest Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Bertie Educational Foundation Inc ($2.0m), The Nova School Association ($2.0m) and Community School ($2.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $169k (9.8% of expenses). Other salaries and wages came to $909k. At year end it held assets of $2.7m against liabilities of $1.6m, net assets of $1.1m. It reported 92 employees.