Harc Inc

Analysis

Harc Inc is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Harc Inc reported income of $975k and spending of $1.1m, spending 117% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $708k to $975k (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 115%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harc Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include California Clubhouse ($975k), Misty Morning Retreat ($975k) and Vitalant Foundation ($975k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $653k. At year end it held assets of $596k against liabilities of $251k, net assets of $345k. It reported 10 employees.