Harrington House Foundation

Analysis

Harrington House Foundation is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Harrington House Foundation reported income of $168k and spending of $257k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $769k to $168k (-78%), an average of -32% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harrington House Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Campbell County Band Boosters ($168k), Friends of Norwegian Culture Inc ($168k) and Carrington Rainbow Gardens ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. Compensation of current officers, directors and key employees was $50k (19% of expenses). Other salaries and wages came to $40k. At year end it held assets of $16.1m against liabilities of $510, net assets of $16.1m. It reported 2 employees.