Harraseeket Foundation

Analysis

Harraseeket Foundation is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 December 2023, Harraseeket Foundation reported income of $75k and spending of $39k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $75k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 42% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Harraseeket Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Alma Randolph Charitable Foundation Inc ($75k), Technology Council of Maryland Foundation Inc ($76k) and Mills Community House Association ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $242, net assets of $82k.