Harvard Athletic Association Inc

Analysis

Harvard Athletic Association Inc is a registered charity in United States, based in Harvard, MA. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, Harvard Athletic Association Inc reported income of $212k and spending of $190k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $222k to $212k (-4.2%), an average of -4.2% a year. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Harvard Athletic Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Lanier High School TD Club Inc ($212k), Vanguards Football Boosters ($212k) and Living New Deal Project ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $838 (0.4% of expenses). At year end it held assets of $240k against liabilities of $0, net assets of $240k.