Charles County Harc Inc

Analysis

Charles County Harc Inc is a registered charity in United States, based in Waldorf, MD. It received its IRS tax-exemption ruling in October 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Charles County Harc Inc reported income of $5.4m and spending of $4.1m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $5.4m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charles County Harc Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Envision Inc ($5.4m), Mountain Home Montana Inc ($5.4m) and The Lighthouse Voc-Ed Center Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $98k (2.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $6.6m against liabilities of $1.3m, net assets of $5.3m. It reported 126 employees.