Harvard Student Agencies Inc

Analysis

Harvard Student Agencies Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in October 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Harvard Student Agencies Inc reported income of $2.9m and spending of $2.4m, spending 84% of its income. Across the 5 years on record, from January 2020 to January 2024, income fell from $3.3m to $2.9m (-12%), an average of -3.2% a year. The sharpest change came in the year to January 2022, when income rose by 116%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvard Student Agencies Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Northwest Mississippi Community College Foundation ($2.9m), South Side Academy Inc ($2.9m) and Orange County Partnership for Young Children ($2.9m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $180k (7.4% of expenses). Other salaries and wages came to $753k. At year end it held assets of $11.6m against liabilities of $799k, net assets of $10.8m. It reported 403 employees.