Harvard Community Education Foundation

Analysis

Harvard Community Education Foundation is a registered charity in United States, based in Harvard, IL. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Harvard Community Education Foundation reported income of $57k and spending of $91k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $122k to $57k (-53%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Harvard Community Education Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include Osj Association Inc ($57k), Sean C Elmore Memorial Fund Inc ($57k) and Drexel H Foundation ($57k).

At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.