Harmony Life International

Analysis

Harmony Life International is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Harmony Life International reported income of $107k and spending of $100k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $107k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Harmony Life International sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Siloe Ministries Inc ($107k), Compass Rose International ($107k) and 360plus Foundation ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.