Harbor Historical Association of Georgetown

Analysis

Harbor Historical Association of Georgetown is a registered charity in United States, based in Georgetown, SC. It received its IRS tax-exemption ruling in October 1995, 31 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, Harbor Historical Association of Georgetown reported income of $703k and spending of $649k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $552k to $703k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harbor Historical Association of Georgetown sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within SC. Charities of a similar size with the same main cause include Global Center for Culturalentrepreneurship ($703k), Sully Christian School ($704k) and Noahs Ark Daycare and Preschool Inc ($703k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 63% of the total. Other salaries and wages came to $113k. At year end it held assets of $3.1m against liabilities of $1.8m, net assets of $1.3m. It reported 10 employees.