The David S Harp Foundation Inc

Analysis

The David S Harp Foundation Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, The David S Harp Foundation Inc reported income of $968k and spending of $904k, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $307k to $968k (+215%), an average of +33% a year. The sharpest change came in the year to August 2021, when income rose by 122%. Over the whole period it spent 61% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The David S Harp Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Sierra Service Project ($968k), Mentors Care ($969k) and Future Farmers of America and Its State Associations & Local Chapter ($966k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $134k (15% of expenses). Other salaries and wages came to $368k. At year end it held assets of $1.8m against liabilities of $2,693, net assets of $1.8m. It reported 10 employees.