Harbor House Ministries
Analysis
Harbor House Ministries is a registered charity in United States, based in Jenison, MI. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Harbor House Ministries reported income of $4.7m and spending of $4.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.7m (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 97% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harbor House Ministries sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Project Home Inc ($4.7m), Chattanooga Neighborhood Enterprise Inc ($4.7m) and Helpful Housing ($4.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $5.5m against liabilities of $375k, net assets of $5.1m. It reported 137 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 76%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Home Inc | Madison | $4.7m |
| Chattanooga Neighborhood Enterprise Inc | Chattanooga | $4.7m |
| Helpful Housing | Chatsworth | $4.7m |
| Habitat for Humanity International Inc | Boston | $4.7m |