Harbors Edge Foundation Inc

Analysis

Harbors Edge Foundation Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Harbors Edge Foundation Inc reported income of $159k and spending of $167k, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $424k to $159k (-62%), an average of -22% a year. The sharpest change came in the year to September 2022, when income rose by 105%. Over the whole period it spent 16% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Harbors Edge Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Manalive-Sacramento Inc ($159k), Community Lawyers Inc ($159k) and Coalition for Education Equity Inc ($159k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.