Harvest Ridge Schools

Analysis

Harvest Ridge Schools is a registered charity in United States, based in Newcastle, CA. It received its IRS tax-exemption ruling in August 2017, 9 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 June 2023, Harvest Ridge Schools reported income of $3.7m and spending of $3.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.7m (+81%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvest Ridge Schools sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Maac Community Charter School ($3.7m), Center for Urban Teaching Inc ($3.7m) and Self Development Academy-Phoenix Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $133k (4.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.2m against liabilities of $703k, net assets of $450k. It reported 30 employees.