Harmony at Home

Analysis

Harmony at Home is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in January 2005, 21 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 2023, Harmony at Home reported income of $3.6m and spending of $3.0m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.6m (+109%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 75%. 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 at Home sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Food Project Inc ($3.6m), Beverly Childrens Learning Cent Inc ($3.6m) and Rose House ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $157k (5.3% of expenses). Other salaries and wages came to $2.1m. It paid $97k in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $242k, net assets of $1.7m. It reported 78 employees.