Harvest Christian Ministries Inc

Analysis

Harvest Christian Ministries Inc is a registered charity in United States, based in Abbeville, SC. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, 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 December 2022, Harvest Christian Ministries Inc reported income of $997k and spending of $1.1m, spending 113% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $735k to $997k (+36%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 149%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harvest Christian Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Mission Dental South Carolina Inc ($997k), Companions & Homemakers by Nancy & Hazel Inc ($997k) and Bennys Bodega ($997k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $3,000, net assets of $1.9m.