Harbor Lights Housing

Analysis

Harbor Lights Housing is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in March 2003, 23 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 September 2024, Harbor Lights Housing reported income of $63k and spending of $65k, spending 103% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $49k to $63k (+29%), an average of +6.6% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harbor Lights Housing sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 18th percentile within ME. Charities of a similar size with the same main cause include Mental Health Programs Inc-Xi ($63k), Camden 2011 Supportive Housing Inc ($63k) and Abilities at English Park Inc ($63k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 66% and program service revenue 32% of the total. At year end it held assets of $416k against liabilities of $110k, net assets of $305k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.