Harbor Point Community Task Force Inc

Analysis

Harbor Point Community Task Force Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in May 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Harbor Point Community Task Force Inc reported income of $639k and spending of $270k, leaving 58% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $688k to $639k (-7.1%), an average of -2.4% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 37% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harbor Point Community Task Force Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Beaumont Csi Senior Housing Inc ($639k), Bickford Street Elderly Housing Corporation ($639k) and Mt Zion a M E Apartments Inc ($639k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $117k (43% of expenses). At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m. It reported 2 employees.