Harrison Educational Foundation Incorporated

Analysis

Harrison Educational Foundation Incorporated is a registered charity in United States, based in Harrison, NY. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Harrison Educational Foundation Incorporated reported income of $64k and spending of $53k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $3,771 to $64k (+1592%), an average of +1592% a year. The sharpest change came in the year to June 2023, when income rose by 1592%. Over the whole period it spent 115% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Harrison Educational Foundation Incorporated sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Rose Hill Foundation Inc ($64k), Greenhouse Giving Inc ($64k) and Community Vision Inc ($64k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $69k against liabilities of $8,100, net assets of $61k.