Harrison Chamber Foundation Inc

Analysis

Harrison Chamber Foundation Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in April 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harrison Chamber Foundation Inc reported income of $291k and spending of $42k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $291k (+709%), an average of +709% a year. The sharpest change came in the year to December 2023, when income rose by 709%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harrison Chamber Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include Code Black Indy Inc ($291k), Lucy S Elliott Loan Fund ($291k) and Twisters Inc of Champlin ($291k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 5.5% of the total. At year end it held assets of $429k against liabilities of $0, net assets of $429k.