Harrison Cultural Community Centre Inc

Analysis

Harrison Cultural Community Centre Inc is a registered charity in United States, based in Lorain, OH. It received its IRS tax-exemption ruling in July 1994, 32 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 May 2024, Harrison Cultural Community Centre Inc reported income of $91k and spending of $143k, spending 158% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $273k to $91k (-67%), an average of -67% a year. The sharpest change came in the year to May 2024, when income dropped by 67%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harrison Cultural Community Centre Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include Acelero Charitable Foundation ($91k), AIDS Food Store Inc ($91k) and Lompoc Pops Orchestra ($91k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 75% and program service revenue 18% of the total. Other salaries and wages came to $73k. At year end it held assets of $142k against liabilities of $0, net assets of $142k. It reported 7 employees.