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The Harker School

RegisteredEIN 94-1613808San Jose, CAEducation and training
Income$134.0m2024-05
Spending$112.4msame year
Spent / received80%6-year average
Size in its cause99th pctEducation and training
Exempt since1995School
Employees994latest return

Analysis

The Harker School is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, The Harker School reported income of $134.0m and spending of $112.4m, spending 84% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $108.3m to $134.0m (+24%), an average of +4.3% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Harker School sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Campbellsville University Inc ($133.1m), Horace Mann School ($134.4m) and Essex County College ($133.0m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 9.3% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.5m (1.3% of expenses). Other salaries and wages came to $50.9m. At year end it held assets of $340.7m against liabilities of $50.4m, net assets of $290.3m. It reported 994 employees.

Income and spending

$0$33.5m$67.0m$100.5m$134.0m2019 Income: $108,326,0882019 Spending: $89,849,65220192020 Income: $112,789,2352020 Spending: $91,425,51020202021 Income: $116,824,7112021 Spending: $81,678,65720212022 Income: $112,065,3042022 Spending: $93,486,99620222023 Income: $122,268,1802023 Spending: $99,962,88720232024 Income: $133,984,0572024 Spending: $112,395,4732024
IncomeSpending

Where the income comes from

  • Contributions & grants 9.3%
  • Program services 87%
  • Other 3.9%

Similar-sized charities, same cause

CharityLocationIncome
Campbellsville University IncCampbellsville$133.1m
Horace Mann SchoolBronx$134.4m
Essex County CollegeNewark$133.0m
International Republican InstituteWashington$134.9m