Harbor School Inc

Analysis

Harbor School Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Harbor School Inc reported income of $74k and spending of $112k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $113k to $74k (-35%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harbor School Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Fresh Start Pregnancy Resource Center Inc ($74k), Woman to Woman Midwest Inc ($74k) and Love for Linley Foundation Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $34k against liabilities of $6, net assets of $34k.