Hour Of Harvest Inc
Hour Of Harvest Inc operates with volunteer leadership and growing assets, experiencing a slight deficit in its most recent fiscal year.
EIN: 20643956 · Fayetteville, NC · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $138K |
| Program Spending | 85% |
| Net Assets | $127K |
| Transparency Score | 88/100 |
Is Hour Of Harvest Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hour Of Harvest Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hour Of Harvest Inc
Hour Of Harvest Inc (EIN: 20643956) is a nonprofit organization based in Fayetteville, NC, classified under NTEE code X20. The organization reported total revenue of $179K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hour Of Harvest Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hour Of Harvest Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $138K |
| Surplus / Deficit | $-3,877 |
| Total Assets | $127K |
| Net Assets | $127K |
| Operating Margin | -2.9% |
| Months of Reserves | 11.0 months |
Financial Health Grade: B
In 2023, Hour Of Harvest Inc reported a deficit of $4K with expenses exceeding revenue, holds 11.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hour Of Harvest Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.5% | +116.1% | -3.0% |
| 2022 | -6.2% | -15.4% | +18.3% |
| 2021 | -18.0% | -3.0% | +14.6% |
| 2020 | +20.3% | -8.3% | +48.5% |
| 2019 | -3.7% | +12.6% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hour Of Harvest Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hour Of Harvest Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all 13 reported periods, indicating that the organization is led by volunteers, which is highly commendable for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hour Of Harvest Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent fiscal year (2023), indicating a short-term operating deficit.
Strengths
The following positive indicators were identified for Hour Of Harvest Inc:
- Consistent volunteer leadership with 0% officer compensation across all reported periods.
- Strong asset growth over the past decade, from $27,168 in 2014 to $126,744 in 2023.
- Minimal to no liabilities reported, indicating a debt-free and financially sound balance sheet.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and accountability.
Frequently Asked Questions about Hour Of Harvest Inc
Is Hour Of Harvest Inc a legitimate charity?
Hour Of Harvest Inc (EIN: 20643956) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $179K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Hour Of Harvest Inc spend its money?
Hour Of Harvest Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hour Of Harvest Inc tax-deductible?
Hour Of Harvest Inc is registered as a tax-exempt nonprofit (EIN: 20643956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hour Of Harvest Inc's spending goes to programs?
Hour Of Harvest Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hour Of Harvest Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Hour Of Harvest Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hour Of Harvest Inc located?
Hour Of Harvest Inc is headquartered in Fayetteville, North Carolina and files with the IRS under EIN 20643956. It is classified under NTEE code X20.
How many years of IRS 990 filings does Hour Of Harvest Inc have?
Hour Of Harvest Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $179K in total revenue.
Is Hour Of Harvest Inc financially stable?
Yes, Hour Of Harvest Inc appears financially stable. While the organization experienced a slight deficit in 2023 (expenses of $137,858 against revenue of $133,981), its assets have consistently grown, reaching $126,744 in 2023, and it consistently reports zero liabilities, indicating a strong balance sheet.
How efficient is Hour Of Harvest Inc with its spending?
Hour Of Harvest Inc demonstrates strong spending efficiency, primarily due to its volunteer leadership. The consistent reporting of 0% officer compensation across all filings means more funds are directly available for its mission, reducing administrative overhead significantly.
Does Hour Of Harvest Inc rely on debt?
No, Hour Of Harvest Inc does not appear to rely on debt. The organization has reported $0 in liabilities for almost all of its recent filings, with only one instance of $7,224 in liabilities in 2015, indicating a very healthy financial position free from debt.
Filing History
IRS 990 filing history for Hour Of Harvest Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hour Of Harvest Inc's revenue has grown by 111.4%, moving from $63K to $134K. Total assets increased by 946.2% over the same period, from $12K to $127K. Total functional expenses rose by 77%, from $78K to $138K. In its most recent filing year (2023), Hour Of Harvest Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $138K | $127K | $0 | — | — |
| 2022 | $84K | $64K | $131K | $0 | — | View 990 |
| 2021 | $90K | $75K | $110K | $0 | — | View 990 |
| 2020 | $109K | $78K | $96K | $0 | — | — |
| 2019 | $91K | $85K | $65K | $0 | — | View 990 |
| 2018 | $94K | $75K | $58K | $0 | — | View 990 |
| 2017 | $95K | $88K | $38K | $0 | — | View 990 |
| 2016 | $83K | $78K | $32K | $0 | — | View 990 |
| 2015 | $92K | $92K | $34K | $7K | — | View 990 |
| 2014 | $81K | $76K | $27K | $0 | — | View 990 |
| 2013 | $84K | $86K | $22K | $0 | — | View 990 |
| 2012 | $82K | $69K | $26K | $0 | — | View 990 |
| 2011 | $63K | $78K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $138K, and assets of $127K (revenue +59.5% year-over-year).
- 2022: Revenue of $84K, expenses of $64K, and assets of $131K (revenue -6.2% year-over-year).
- 2021: Revenue of $90K, expenses of $75K, and assets of $110K (revenue -18.0% year-over-year).
- 2020: Revenue of $109K, expenses of $78K, and assets of $96K (revenue +20.3% year-over-year).
- 2019: Revenue of $91K, expenses of $85K, and assets of $65K (revenue -3.7% year-over-year).
- 2018: Revenue of $94K, expenses of $75K, and assets of $58K (revenue -0.6% year-over-year).
- 2017: Revenue of $95K, expenses of $88K, and assets of $38K (revenue +14.3% year-over-year).
- 2016: Revenue of $83K, expenses of $78K, and assets of $32K (revenue -9.9% year-over-year).
- 2015: Revenue of $92K, expenses of $92K, and assets of $34K (revenue +13.5% year-over-year).
- 2014: Revenue of $81K, expenses of $76K, and assets of $27K (revenue -3.3% year-over-year).
- 2013: Revenue of $84K, expenses of $86K, and assets of $22K (revenue +1.9% year-over-year).
- 2012: Revenue of $82K, expenses of $69K, and assets of $26K (revenue +29.8% year-over-year).
- 2011: Revenue of $63K, expenses of $78K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hour Of Harvest Inc:
Data Sources and Methodology
This transparency report for Hour Of Harvest Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.