Harmony Protection Group

Analysis

Harmony Protection Group is a registered charity in United States, based in Cabot, PA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Harmony Protection Group reported income of $3.5m and spending of $1.9m, leaving 44% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $10.0m to $3.5m (-65%), an average of -41% a year. The sharpest change came in the year to June 2023, when income rose by 122%. Over the whole period it spent 16% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harmony Protection Group sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Mercy Health Foundation Fort Smith ($3.5m), Fox Valley Older Adult Services ($3.5m) and Logan County Senior Living Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $14.6m against liabilities of $1.5m, net assets of $13.1m.