Harvard Club of Seattle

Analysis

Harvard Club of Seattle is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1974, 52 years ago. 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 2024, Harvard Club of Seattle reported income of $63k and spending of $72k, spending 114% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $42k to $63k (+51%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harvard Club of Seattle sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within WA. Charities of a similar size with the same main cause include Woodstock Fine Arts Association Incorporated ($63k), Little League Baseball Inc ($63k) and Kansas Construction Education Foundation ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 42% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.