Kentucky Harvest Inc

Analysis

Kentucky Harvest Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1989, 37 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 June 2023, Kentucky Harvest Inc reported income of $6.0m and spending of $6.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $129k to $6.0m (+4561%), an average of +161% a year. The sharpest change came in the year to June 2023, when income rose by 2533%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kentucky Harvest Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include National Indigenous Womens Resource Center ($6.0m), Youth Homes Incorporated ($6.0m) and Youth Frontiers Inc ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $86k (1.4% of expenses). Other salaries and wages came to $77k. At year end it held assets of $350k against liabilities of $145, net assets of $350k. It reported 2 employees.