Harvest Foundation

Analysis

Harvest Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 1988, 38 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 Foundation reported income of $1.0m and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $824k to $1.0m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Harvest Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within AZ. Charities of a similar size with the same main cause include Yaseen Ed Institute ($1.0m), Hawaiian Islands Ministries Inc ($1.0m) and Shiv Mandir Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $133k (12% of expenses). Other salaries and wages came to $112k. At year end it held assets of $3.0m against liabilities of $13k, net assets of $2.9m. It reported 7 employees.