Harbor Hall Inc

Analysis

Harbor Hall Inc is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in February 1975, 51 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Harbor Hall Inc reported income of $5.9m and spending of $5.7m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.5m to $5.9m (+70%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harbor Hall Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Standing Stone Ministries Inc ($5.9m), Mental Health Association in Santa Barbara County ($5.9m) and Mississippi Headwaters Area Dental Health Center Incorporated ($5.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $157k (2.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.0m against liabilities of $194k, net assets of $2.8m. It reported 81 employees.