Harbor House Movin Out Inc

Analysis

Harbor House Movin Out Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harbor House Movin Out Inc reported income of $87k and spending of $204k, spending 235% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $87k (+20%), an average of +4.7% a year. Over the whole period it spent 209% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harbor House Movin Out Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include Serving in Grace ($87k), E a Hawse Housing Inc ($87k) and Maxcen Housing Inc North Carolina Branch ($87k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $1.5m against liabilities of $2.2m, net assets of -$703k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.