Harvard College Association Forus-China Relations

Analysis

Harvard College Association Forus-China Relations is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2022, Harvard College Association Forus-China Relations reported income of $77k and spending of $160k, spending 209% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $143k to $77k (-46%), an average of -27% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 147% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Harvard College Association Forus-China Relations sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Friends of Moldova ($77k), Hearts in Action Inc ($77k) and Hummingbird Project ($77k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.