Harvey Foundation Inc

Analysis

Harvey Foundation Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Harvey Foundation Inc reported income of $183k and spending of $118k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $93k to $183k (+97%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvey Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Wisconsin Director of Nursing Council Education Forum Inc ($183k), Levi Yitzchak Family Center Inc ($183k) and Talmud Torah Bais Avraham Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $423k against liabilities of $1,321, net assets of $421k.