Harborview House Inc

Analysis

Harborview House Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in August 1992, 34 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 June 2024, Harborview House Inc reported income of $85k and spending of $94k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $73k to $85k (+16%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harborview House Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Ateitis Foundation ($85k), National Association of Negro Busin Ess and Professional Womens C ($85k) and Gift of Life Inc of New Jersey ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $301k against liabilities of $548k, net assets of -$246k.