Ida Harmony House Inc

Analysis

Ida Harmony House Inc is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in January 1998, 28 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, Ida Harmony House Inc reported income of $106k and spending of $104k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $106k (+1.4%), an average of +0.4% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ida Harmony House Inc 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 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Sonrisa Apartments Inc ($106k), Rall Place Inc ($106k) and Nysar Housing Opportunities Foundation Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 42% of the total. Other salaries and wages came to $18k. At year end it held assets of $181k against liabilities of $563k, net assets of -$382k.