Harry Tompson Center Inc

Analysis

Harry Tompson Center Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Harry Tompson Center Inc reported income of $819k and spending of $593k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $611k to $819k (+34%), an average of +10% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harry Tompson Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include Building Families ($818k), Ohio County & Independent Agricultural Societies ($819k) and Open Cupboard Food Pantry Inc ($818k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $313k. At year end it held assets of $1.2m against liabilities of $38k, net assets of $1.1m. It reported 10 employees.