Harvard Consulting on Business and the Environment

Analysis

Harvard Consulting on Business and the Environment is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Harvard Consulting on Business and the Environment reported income of $1.2m and spending of $981k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $454k to $1.2m (+168%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvard Consulting on Business and the Environment sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Urban Support Agency Inc ($1.2m), Anderson Center Inc ($1.2m) and Pilchuck Learning Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $779k against liabilities of $60k, net assets of $720k.