Harbor Nizhny

Analysis

Harbor Nizhny is a registered charity in United States, based in Bluefield, VA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Harbor Nizhny reported income of $94k and spending of $96k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $94k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harbor Nizhny sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Nancy Painter Home for Mothers with Children Inc ($94k), Ephesians 428 Ministries Inc ($94k) and Open Cupboard ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.