Harbor Point Charitable Foundation

Analysis

Harbor Point Charitable Foundation is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Harbor Point Charitable Foundation reported income of $204k and spending of $452k, spending 221% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $216k to $204k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 449%. Over the whole period it spent 133% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Harbor Point Charitable Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include College Park Tumbleweeds Gymnastics Inc ($204k), Owasso Soccer Club ($204k) and FSC of Madison Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $2.7m against liabilities of $23k, net assets of $2.7m.