The Harvard Crimson Trust II

Analysis

The Harvard Crimson Trust II is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 2023, The Harvard Crimson Trust II reported income of $399k and spending of $69k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $399k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 24% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Harvard Crimson Trust II sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Substance Abuse Free Environment ($399k), Golden State Bonsai Federation ($399k) and Champaign-Urbana Symphony ($399k).

At year end it held assets of $9.0m against liabilities of $70k, net assets of $8.9m.