Share the Harvest Foundation Inc

Analysis

Share the Harvest Foundation Inc is a registered charity in United States, based in Danbury, TX. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Share the Harvest Foundation Inc reported income of $135k and spending of $103k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $352k to $135k (-62%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Share the Harvest Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Sneakers for Soldiers Inc ($135k), Memorial Hospital and Community Health Foundation Inc ($135k) and Law Enforcement Assistance Fund ($135k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 204% of the total. At year end it held assets of $351k against liabilities of $0, net assets of $351k.