Harmony Home Childrens Advocacy Center Inc

Analysis

Harmony Home Childrens Advocacy Center Inc is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in July 1979, 47 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 August 2023, Harmony Home Childrens Advocacy Center Inc reported income of $1.9m and spending of $1.6m, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $963k to $1.9m (+98%), an average of +19% a year. The sharpest change came in the year to August 2023, when income rose by 46%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harmony Home Childrens Advocacy Center Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include On Eagles Wings Inc ($1.9m), Children in Crisis Inc ($1.9m) and Yu-Ai Kai Japantown Community Senior Center ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $163k (10% of expenses). Other salaries and wages came to $770k. It paid $119k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $48k, net assets of $1.3m. It reported 26 employees.