Harrison House of Hope

Analysis

Harrison House of Hope is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Harrison House of Hope reported income of $252k and spending of $279k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $252k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Harrison House of Hope sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within AR. Charities of a similar size with the same main cause include Downtown Hyannis Community Development Corp ($252k), Upper Albany Main Street Program Inc ($252k) and Blakeslee Community Association ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $114k. At year end it held assets of $71k against liabilities of $0, net assets of $71k. It reported 7 employees.