Harbour Health

Analysis

Harbour Health is a registered charity in United States, based in Denver, NC. It received its IRS tax-exemption ruling in January 2000, 26 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 December 2023, Harbour Health reported income of $545k and spending of $253k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $545k (+135%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harbour Health sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Forest Park Elderly Housing Inc ($545k), Community Compassion Network ($545k) and Ifma Educational Foundation ($544k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $40k (16% of expenses). Other salaries and wages came to $95k. At year end it held assets of $992k against liabilities of $2,693, net assets of $989k. It reported 9 employees.