Harvard Community Services Center

Analysis

Harvard Community Services Center is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Harvard Community Services Center reported income of $2.1m and spending of $1.8m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.1m (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harvard Community Services Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Working Credit NFP ($2.1m), Circesteem Inc ($2.1m) and Memorable Moments Youth Development Program Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $94k (5.2% of expenses). Other salaries and wages came to $757k. At year end it held assets of $703k against liabilities of $211k, net assets of $493k. It reported 26 employees.