Harmony School Christian Early Childhood Center

Analysis

Harmony School Christian Early Childhood Center is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Harmony School Christian Early Childhood Center reported income of $872k and spending of $706k, spending 81% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $787k to $872k (+11%), an average of +3.5% a year. The sharpest change came in the year to May 2021, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harmony School Christian Early Childhood Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Center for Innovation and Resources Inc ($872k), Anvil Academy Inc ($872k) and Wsu Tech Foundation ($872k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $100k (14% of expenses). Other salaries and wages came to $316k. At year end it held assets of $233k against liabilities of $16k, net assets of $218k. It reported 27 employees.