Harmony House Inc

Analysis

Harmony House Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in August 2005, 21 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 2024, Harmony House Inc reported income of $598k and spending of $629k, spending 105% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $656k to $598k (-8.8%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harmony House Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within WV. Charities of a similar size with the same main cause include Hope for Tomorrow Inc ($598k), Raisetown Care Connect ($598k) and Strong Beginnings Early Learning Center Inc ($598k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $77k (12% of expenses). Other salaries and wages came to $320k. At year end it held assets of $1.7m against liabilities of $126k, net assets of $1.6m. It reported 13 employees.