Harambee House Inc

Analysis

Harambee House Inc is a registered charity in United States, based in Jefferson City, MO. It received its IRS tax-exemption ruling in September 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Harambee House Inc reported income of $243k and spending of $184k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $152k to $243k (+59%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 56%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harambee House Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within MO. Charities of a similar size with the same main cause include Springfield Eugene Tenant Association ($243k), Inner-City Revitalization Corporation ($243k) and Herreid Area Housing Development Inc ($243k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $44k. At year end it held assets of $456k against liabilities of $350k, net assets of $106k.