Harbourview Foundation

Analysis

Harbourview Foundation is a registered charity in United States, based in League City, TX. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2022, Harbourview Foundation reported income of $360k and spending of $611k, spending 170% of what it took in. Across the 4 years on record, from August 2019 to August 2022, income fell from $1.3m to $360k (-72%), an average of -35% a year. The sharpest change came in the year to August 2022, when income rose by 990%. Over the whole period it spent 131% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harbourview Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Elkhart County Clubhouse Inc ($360k), International Childrens Surgical ($360k) and Tricias Troops Inc ($360k).

Other salaries and wages came to $54k. At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.