World Harp Congress Inc

Analysis

World Harp Congress Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1981, 45 years ago. 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, World Harp Congress Inc reported income of $65k and spending of $26k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $65k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Harp Congress Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include All Souls Episcopal Church Foundation Inc ($65k), Wisconsin Deerhunters Inc ($65k) and Union County Good Samaritan Center ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 19% of the total. At year end it held assets of $537k against liabilities of $0, net assets of $537k.