Harmony Village Inc

Analysis

Harmony Village Inc is a registered charity in United States, based in Columbiana, OH. It received its IRS tax-exemption ruling in February 1980, 46 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, Harmony Village Inc reported income of $547k and spending of $524k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $558k to $547k (-1.9%), an average of -0.5% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harmony Village Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Libbies Place ($547k), Infinite Worth Project ($547k) and United States-Philippines Society Inc ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Other salaries and wages came to $166k. At year end it held assets of $1.2m against liabilities of $1.3m, net assets of -$103k. It reported 6 employees.