Harris Home for Children

Analysis

Harris Home for Children is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in January 1963, 63 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 September 2023, Harris Home for Children reported income of $1.0m and spending of $942k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $1.0m (-20%), an average of -5.6% a year. The sharpest change came in the year to September 2020, when income dropped by 15%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harris Home for Children sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Transform Hawaii Government ($1.0m), Christian Action Group Inc ($1.0m) and Floyd J McCree Theatre ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $89k (9.5% of expenses). Other salaries and wages came to $456k. At year end it held assets of $1.6m against liabilities of $1.1m, net assets of $451k. It reported 15 employees.