Harmony Project International

Analysis

Harmony Project International is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2023, Harmony Project International reported income of $617k and spending of $534k, spending 87% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.1m to $617k (-45%), an average of -14% a year. The sharpest change came in the year to July 2021, when income dropped by 34%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Harmony Project International sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Toolbox Ministries Inc ($617k), Roanoke Gospel Outreach Center Inc ($618k) and Lotus Buddhist Congregation ($617k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $264k against liabilities of $104k, net assets of $160k. It reported 2 employees.