Harbor Hospice Foundation

Analysis

Harbor Hospice Foundation is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harbor Hospice Foundation reported income of $750k and spending of $655k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $750k (-56%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 50% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harbor Hospice Foundation sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Pregnancy Care Center ($750k), Neighborhood Health Inc ($751k) and Bostonian Foundation Inc ($750k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $16.3m against liabilities of $9,916, net assets of $16.2m.