Harbor to the Bay Inc

Analysis

Harbor to the Bay Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Harbor to the Bay Inc reported income of $489k and spending of $406k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $473k to $489k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 55%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harbor to the Bay Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Platoon 22 Inc ($489k), Midwinter Conference of Immunologists ($489k) and Fundacion A-Mar Bara Ninos Quemados ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.