Harvest University

Analysis

Harvest University is a registered charity in United States, based in Fort Morgan, CO. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 University reported income of $538k and spending of $380k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to June 2023, income grew from $1,310 to $538k (+40945%), an average of +643% a year. The sharpest change came in the year to December 2021, when income rose by 31383%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Harvest University sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Sunnybrook Hope Center ($538k), Eagle Worldwide Ministries Inc ($538k) and Sisters of St Francis of Perpetual Adoration St Joseph Province Trust ($538k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $42k (11% of expenses). Other salaries and wages came to $52k. At year end it held assets of $516k against liabilities of $144k, net assets of $372k. It reported 4 employees.