Harvard Club of Washington DC

Analysis

Harvard Club of Washington DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1979, 47 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, Harvard Club of Washington DC reported income of $208k and spending of $279k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $273k to $208k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvard Club of Washington DC sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 30th percentile within DC. Charities of a similar size with the same main cause include Queensbury Community Scholarship Association Inc ($208k), Cencal Youth Sports ($208k) and Hepburn Library of Norfolk ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 33% of the total. Other salaries and wages came to $81k. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 1 employees.