Harmony Home of Huntington

Analysis

Harmony Home of Huntington is a registered charity in United States, based in Andrews, IN. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, Harmony Home of Huntington reported income of $254k and spending of $283k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $254k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harmony Home of Huntington 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 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Hopeprint Inc ($254k), The Tri-Community Food Bank Inc ($254k) and 2020 Farmers Cooperative Incorporated ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $16k (5.5% of expenses). Other salaries and wages came to $87k. At year end it held assets of $1,524 against liabilities of $5,306, net assets of -$3,782. It reported 18 employees.