Harvard Krokodiloes Inc

Analysis

Harvard Krokodiloes Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Harvard Krokodiloes Inc reported income of $264k and spending of $220k, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $286k to $264k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to August 2022, when income rose by 395%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harvard Krokodiloes Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Bayou Regional Arts Council ($264k), Studio Theatre Inc ($264k) and Safe Haven Ballet ($264k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 22% and program service revenue 67% of the total. At year end it held assets of $898k against liabilities of $2, net assets of $898k.