Harrison Industries Incorporated

Analysis

Harrison Industries Incorporated is a registered charity in United States, based in Cadiz, OH. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, Harrison Industries Incorporated reported income of $238k and spending of $385k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $238k (+153%), an average of +26% a year. The sharpest change came in the year to December 2021, when income dropped by 134%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harrison Industries Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Dewitt Chamber & Development Co ($238k), Programs of Religious Activities with Youth ($238k) and Little League Baseball Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $197k against liabilities of $16k, net assets of $180k. It reported 13 employees.