Don & Sybil Harrington Foundation

Analysis

Don & Sybil Harrington Foundation is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in November 1971, 55 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Don & Sybil Harrington Foundation reported income of $8.0m and spending of $4.3m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.9m to $8.0m (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 907%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Don & Sybil Harrington Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include North Central Area Agency on Aging Inc ($8.0m), Fargo-Moorhead Area Foundation Corporation ($8.0m) and Community Foundation of Lorain County ($7.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% of the total. At year end it held assets of $118.8m against liabilities of $203k, net assets of $118.6m.