Harrogate Incorporated
Analysis
Harrogate Incorporated is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in January 1986, 40 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Harrogate Incorporated reported income of $20.2m and spending of $22.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.1m to $20.2m (+18%), an average of +4.3% a year. Over the whole period it spent 102% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harrogate Incorporated sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Point32health Foundation Inc ($20.2m), Transitional Services Inc ($20.2m) and Planned Parenthood of Maryland Inc ($20.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $724k (3.3% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $32.2m against liabilities of $51.1m, net assets of -$18.9m. It reported 281 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.0%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Point32health Foundation Inc | Canton | $20.2m |
| Transitional Services Inc | Buffalo | $20.2m |
| Planned Parenthood of Maryland Inc | Baltimore | $20.2m |
| Juniper Health Inc | Beattyville | $20.3m |