Harvest Mission Brazil Incorporated

Analysis

Harvest Mission Brazil Incorporated is a registered charity in United States, based in Sylacauga, AL. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Harvest Mission Brazil Incorporated reported income of $178k and spending of $116k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $178k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Harvest Mission Brazil Incorporated sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within AL. Charities of a similar size with the same main cause include Hope for Heroes Texas ($178k), Eagle House Ministries ($178k) and Giac Vien Temple ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Compensation of current officers, directors and key employees was $70k (60% of expenses). At year end it held assets of $125k against liabilities of $0, net assets of $125k.