Harvard Community Foundation Inc

Analysis

Harvard Community Foundation Inc is a registered charity in United States, based in Harvard, NE. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Harvard Community Foundation Inc reported income of $60k and spending of $55k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $60k (+14%), an average of +14% a year. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Harvard Community Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within NE. Charities of a similar size with the same main cause include North Brothers Charitable Organization ($60k), NW Pennsylvania Ntma Education Foundation ($60k) and National Charity League Inc East Valley Chapter ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $410k against liabilities of $0, net assets of $410k.