Harding Place Inc

Analysis

Harding Place Inc is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Harding Place Inc reported income of $3.4m and spending of $3.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.4m (+17%), an average of +4.1% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harding Place Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within AR. Charities of a similar size with the same main cause include Glennwood Housing Foundation ($3.4m), LCPS Management Inc ($3.4m) and Community Alternative Housing Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $4.8m against liabilities of $3.3m, net assets of $1.5m. It reported 57 employees.