Harpending Housing Inc

Analysis

Harpending Housing Inc is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in August 1998, 28 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harpending Housing Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+1.8%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harpending Housing Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include W C Atkinson Memorial Community Service Center Inc ($1.1m), Regeneration Inc ($1.1m) and Union Gospel Mission Incorporated ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $62k (5.6% of expenses). Other salaries and wages came to $487k. At year end it held assets of $1.1m against liabilities of $130k, net assets of $991k. It reported 25 employees.