Todays Harbor for Children

Analysis

Todays Harbor for Children is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1950, 76 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Todays Harbor for Children reported income of $85k and spending of $32k, leaving 63% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.6m to $85k (-97%), an average of -50% a year. The sharpest change came in the year to June 2023, when income dropped by 133%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Todays Harbor for Children sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Northern Berkshire Pregnancy Support Center Inc ($85k), Rotary Club of Monroe Foundation ($85k) and Newburyport Mass Lions Foundation Inc ($85k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 49% of the total. At year end it held assets of $702k against liabilities of $0, net assets of $702k.