Therapeutic Harp Foundation

Analysis

Therapeutic Harp Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Therapeutic Harp Foundation reported income of $100k and spending of $72k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $100k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Therapeutic Harp Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within AZ. Charities of a similar size with the same main cause include Hernia Repair for the Underserved ($100k), Twenty Pearls Foundation Inc ($100k) and Hispanic Health Initiatives Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $97k against liabilities of $65k, net assets of $32k.