Harvest for the Hungry Inc

Analysis

Harvest for the Hungry Inc is a registered charity in United States, based in Freeport, TX. It received its IRS tax-exemption ruling in October 2019, 7 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 2023, Harvest for the Hungry Inc reported income of $777k and spending of $573k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $777k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 35% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harvest for the Hungry Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Greenbrier County Committee on Aging Inc ($777k), Pediatric Oncology Treasure Chest Foundation ($777k) and Fresh Start Self Improvement Center Inc ($777k).

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 $25k (4.3% of expenses). Other salaries and wages came to $131k. At year end it held assets of $2.5m against liabilities of $98k, net assets of $2.4m. It reported 6 employees.