Harbor District Inc

Analysis

Harbor District Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 2015, 11 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 June 2023, Harbor District Inc reported income of $575k and spending of $796k, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $735k to $575k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Harbor District Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Curry Watersheds Nonprofit ($573k), Breach Collective ($575k) and American Solar Energy Society Inc ($573k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $115k (14% of expenses). Other salaries and wages came to $197k. At year end it held assets of $1.7m against liabilities of $211k, net assets of $1.5m. It reported 7 employees.