Friends of Mount Harmon Inc

Analysis

Friends of Mount Harmon Inc is a registered charity in United States, based in Earleville, MD. It received its IRS tax-exemption ruling in August 2025. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Friends of Mount Harmon Inc reported income of $399k and spending of $286k, leaving 28% of income unspent that year. Across the 3 years on record, from June 2019 to June 2021, income grew from $266k to $399k (+50%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Mount Harmon Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Beaches Fine Arts Series Inc ($399k), Rattapallax Incorporated ($400k) and Imaginarium of South Texas ($399k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $45k (16% of expenses). Other salaries and wages came to $74k. At year end it held assets of $4.0m against liabilities of $31k, net assets of $4.0m. It reported 10 employees.