Harbor House

Analysis

Harbor House is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Harbor House reported income of $7.1m and spending of $3.7m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $7.1m (+123%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 101%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harbor House sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within NE. Charities of a similar size with the same main cause include North Shore-Lij Heart Surgery PC ($7.1m), Ronald McDonald House Charities Upper Midwest ($7.1m) and Pediatric Alternative Treatment Care Housing and Evaluation ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $255k (6.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $12.1m against liabilities of $391k, net assets of $11.7m.