Golden Harvest Inter

Analysis

Golden Harvest Inter is a registered charity in United States, based in Saipan, MP. It received its IRS tax-exemption ruling in January 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 2023, Golden Harvest Inter reported income of $1.3m and spending of $1.1m, spending 80% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $316k to $1.3m (+316%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Harvest Inter sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 90th percentile within MP. Charities of a similar size with the same main cause include Tennessee Chapter of the American Academy of Pediatrics Inc ($1.3m), The College of Southern Maryland Foundation Inc ($1.3m) and Innovation Education ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $86k (8.2% of expenses). Other salaries and wages came to $313k. At year end it held assets of $1.0m against liabilities of $66k, net assets of $970k. It reported 28 employees.