Harvard Business School Interactive Inc

Analysis

Harvard Business School Interactive Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Harvard Business School Interactive Inc reported income of $520k and spending of $788k, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $124.8m to $520k (-100%), an average of -75% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. 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 Business School Interactive Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Hawaii Dental Association Foundation Inc ($520k), Castle Band Boosters Inc ($520k) and Ritchie County Educational Trust ($520k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $10.3m against liabilities of $4.2m, net assets of $6.2m.