Harvest Intercontinental American University Inc

Analysis

Harvest Intercontinental American University Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in March 2022, 4 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 Intercontinental American University Inc reported income of $186k and spending of $60k, leaving 68% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $85k to $186k (+119%), an average of +119% a year. The sharpest change came in the year to June 2023, when income rose by 119%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvest Intercontinental American University Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include Friends of Mishkan David ($186k), Louisiana Association of Special Education Administrators Inc ($186k) and Palm Tree Academy ($186k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $270k against liabilities of $123k, net assets of $147k.