HFL Harbor Gateway Homes

Analysis

HFL Harbor Gateway Homes is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, HFL Harbor Gateway Homes reported income of $493k and spending of $540k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $394k to $493k (+25%), an average of +5.8% a year. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, HFL Harbor Gateway Homes sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include The Cameron K Gallagher Foundation ($493k), Heatherlane Christian Retirement Village ($493k) and Branches Pregnancy and Family Center Inc ($493k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $963k against liabilities of $1.8m, net assets of -$883k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.