Harbor Homes II Inc

Analysis

Harbor Homes II Inc is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Harbor Homes II Inc reported income of $215k and spending of $213k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $170k to $215k (+26%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harbor Homes II Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within NH. Charities of a similar size with the same main cause include Polish Retirement Foundation ($214k), Dowagiac Villa Non-Profit Housing Corporation ($215k) and Good Shepherd Senior Apartments ($214k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $261k against liabilities of $476k, net assets of -$215k.