Harboring Hearts Housing Foundation

Analysis

Harboring Hearts Housing Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Harboring Hearts Housing Foundation reported income of $866k and spending of $833k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $805k to $866k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harboring Hearts Housing Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Healthy Smiles Family Dentistry Inc ($865k), Virginia Judges and Lawyers Assistance Program ($866k) and Bear Givers Inc ($865k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $114k (14% of expenses). Other salaries and wages came to $169k. At year end it held assets of $518k against liabilities of $0, net assets of $518k. It reported 5 employees.