River Cities Harvest Inc

Analysis

River Cities Harvest Inc is a registered charity in United States, based in Ashland, KY. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, River Cities Harvest Inc reported income of $1.4m and spending of $1.3m, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.4m to $1.4m (-3.5%), an average of -0.7% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, River Cities Harvest Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within KY. Charities of a similar size with the same main cause include Yates Fund ($1.4m), Mothers Helping Mothers Inc ($1.4m) and LA Plata Economic Development Alliance ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $78k. At year end it held assets of $166k against liabilities of $1,909, net assets of $164k. It reported 7 employees.