Harbor House

Analysis

Harbor House is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $256k to $1.0m (+295%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 246%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harbor House sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Texarkana Baptist Orphanage ($1.0m), The Outlet ($1.0m) and Ideagarden Institute Incorporated ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $191k (18% of expenses). Other salaries and wages came to $173k. At year end it held assets of $299k against liabilities of $0, net assets of $299k. It reported 15 employees.