Germaine Harbor Inc

Analysis

Germaine Harbor Inc is a registered charity in United States, based in Bethel Park, PA. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Germaine Harbor Inc reported income of $689k and spending of $666k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $689k (+7.7%), an average of +1.9% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Germaine Harbor Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Walking with Jesus Ministries ($689k), First 202 Housing Corporation Xenia Site ($689k) and R-Lcoa Housing Development Corporation Inc ($689k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. At year end it held assets of $1.7m against liabilities of $2.4m, net assets of -$710k.