Harborcreek Youth Services

Analysis

Harborcreek Youth Services is a registered charity in United States, based in Harborcreek, PA. It received its IRS tax-exemption ruling in February 2021, 5 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 2023, Harborcreek Youth Services reported income of $12.0m and spending of $12.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.4m to $12.0m (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harborcreek Youth Services sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Goodwill Industries of Erie Huron Ottawa & Sandusky Counties Inc ($12.0m), Project South the Institution for the Elimination Poverty & Genocide ($12.0m) and Evansville Christian School Inc ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $356k (2.9% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $12.4m against liabilities of $2.5m, net assets of $9.9m. It reported 175 employees.