Harbor Impact Ministries
Analysis
Harbor Impact Ministries is a registered charity in United States, based in Kimball, MI. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Impact Ministries reported income of $198k and spending of $136k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $198k (-0.5%), an average of -0.5% a year. Over the whole period it spent 66% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harbor Impact Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Electra Service Corporation ($198k), Northwest North Pole Adventures ($198k) and Perry County Council on Aging Inc ($198k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $189k against liabilities of $3,693, net assets of $185k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Electra Service Corporation | Electra | $198k |
| Northwest North Pole Adventures | Spokane | $198k |
| Perry County Council on Aging Inc | Tell City | $198k |
| Border Solidarity | Ajo | $198k |