Harbor Community Benefit Foundation

Analysis

Harbor Community Benefit Foundation is a registered charity in United States, based in Wilmington, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Harbor Community Benefit Foundation reported income of $2.2m and spending of $2.3m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $922k to $2.2m (+139%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 212%. Over the whole period it spent 106% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Harbor Community Benefit Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Cape Cod Commericial Fishermens Alliance Inc ($2.2m), Bridgewater Land Trust Inc ($2.2m) and Greengoat ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (5.4% of expenses). At year end it held assets of $394k against liabilities of $64k, net assets of $329k. It reported 4 employees.