Harvardwood

Analysis

Harvardwood is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Harvardwood reported income of $241k and spending of $233k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $167k to $241k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvardwood sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include New York Math Circle Inc ($241k), Russellville Christian School Inc Crittenden Drive Church of Christ ($241k) and Sioux City Public Schools Foundation ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $56k (24% of expenses). Other salaries and wages came to $17k. At year end it held assets of $128k against liabilities of $8,150, net assets of $120k. It reported 2 employees.