The Harker School
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
Where the income comes from
- Contributions & grants 9.3%
- Program services 87%
- Other 3.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Campbellsville University Inc | Campbellsville | $133.1m |
| Horace Mann School | Bronx | $134.4m |
| Essex County College | Newark | $133.0m |
| International Republican Institute | Washington | $134.9m |