Harbor House of Central Florida Inc

Analysis

Harbor House of Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 1979, 47 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 June 2023, Harbor House of Central Florida Inc reported income of $6.1m and spending of $6.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $6.1m (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harbor House of Central Florida Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Institute of American Indian Arts Foundation ($6.1m), Tennessee Pharmacists Research and Education Foundation ($6.1m) and Macon Citizens for the Handicapped Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $178k (2.8% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $9.7m against liabilities of $981k, net assets of $8.8m. It reported 94 employees.