The Harembee Foundation
Analysis
The Harembee Foundation is a registered charity in United States, based in West Point, PA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Harembee Foundation reported income of $68k and spending of $65k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $68k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 105% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Harembee Foundation 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 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Ashton Senior Citizens ($68k), Hampton Woods Assisted Living Inc ($68k) and Lemonade Living ($68k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $8,687 against liabilities of $0, net assets of $8,687.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ashton Senior Citizens | Ashton | $68k |
| Hampton Woods Assisted Living Inc | Jackson | $68k |
| Lemonade Living | Los Alamos | $68k |
| Sol Sanctuary | Paradise | $68k |