Harmony Ark Education Foundation

Analysis

Harmony Ark Education Foundation is a registered charity in United States, based in Occidental, CA. It received its IRS tax-exemption ruling in March 2023, 3 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 July 2024, Harmony Ark Education Foundation reported income of $62k and spending of $57k, spending 92% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $51k to $62k (+23%), an average of +4.2% a year. The sharpest change came in the year to July 2022, when income rose by 132%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harmony Ark Education Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Vocal Boosters of Emmetsburg ($62k), Sandusky Band Parents Organization ($62k) and Alternative Education Resource Organization Inc ($62k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.