Secret Harbor

Analysis

Secret Harbor is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Secret Harbor reported income of $2.0m and spending of $2.6m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $2.0m (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Secret Harbor sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Beechwood Foundation ($2.0m), Society of Assisted Reproductive Technology ($2.0m) and Main Line Senior Care ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $135k (5.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.0m against liabilities of $194k, net assets of $1.8m. It reported 50 employees.