Harvest Home Inc

Analysis

Harvest Home Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in May 1987, 39 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 Home Inc reported income of $1.8m and spending of $2.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.8m (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harvest Home Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Homecrest Community Services Inc ($1.8m), Northeast Ohio SPCA Inc ($1.8m) and Life Learning Center Inc ($1.8m).

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 $113k (5.8% of expenses). Other salaries and wages came to $989k. At year end it held assets of $3.7m against liabilities of $124k, net assets of $3.6m. It reported 36 employees.