Harry K Foundation

Analysis

Harry K Foundation is a registered charity in United States, based in Rehoboth BCH, DE. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Harry K Foundation reported income of $447k and spending of $374k, spending 84% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $317k to $447k (+41%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harry K Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 63rd percentile within DE. Charities of a similar size with the same main cause include Honored Foundation ($446k), Peaster Education Foundation ($447k) and Urban Lighthouse Ministries ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $777k against liabilities of $425, net assets of $777k. It reported 1 employees.