Harvard Business School Association of Northern California Inc

Analysis

Harvard Business School Association of Northern California Inc is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in January 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Harvard Business School Association of Northern California Inc reported income of $243k and spending of $283k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $623k to $243k (-61%), an average of -27% a year. The sharpest change came in the year to June 2021, when income dropped by 53%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvard Business School Association of Northern California Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Davidsonians for Freedom of Thought & Discourse ($243k), Parent Booster USA Inc ($243k) and Florida Educational Risk Management Association Inc ($243k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $112k (40% of expenses). Other salaries and wages came to $2,600. At year end it held assets of $720k against liabilities of $73k, net assets of $647k. It reported 4 employees.