Harp Foundation

Analysis

Harp Foundation is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Harp Foundation reported income of $202k and spending of $93k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $202k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Harp Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include In Need of Capital ($202k), Legion of Young Polish Women ($202k) and BBSW ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 26% of the total. At year end it held assets of $1.2m against liabilities of $31, net assets of $1.2m.