Harvestplus Solutions Inc

Analysis

Harvestplus Solutions Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Harvestplus Solutions Inc reported income of $769k and spending of $769k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $769k (+231%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 180%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Harvestplus Solutions Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Africa 180 Inc ($769k), Kay Tita ($769k) and Matamoros Childrens Home Inc ($766k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $148k (19% of expenses). Other salaries and wages came to $155k. At year end it held assets of $1.3m against liabilities of $1.3m, net assets of $6,644.