Harford Community Action Agency Inc

Analysis

Harford Community Action Agency Inc is a registered charity in United States, based in Edgewood, MD. It received its IRS tax-exemption ruling in May 1985, 41 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, Harford Community Action Agency Inc reported income of $6.9m and spending of $6.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $6.9m (+85%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harford Community Action Agency Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Dreams with Wings Inc ($6.9m), YWCA Greenwich Connecticut Inc ($6.9m) and Greene County Council on Aging ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $277k (4.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $872k against liabilities of $259k, net assets of $613k. It reported 38 employees.