Harc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,796,706 | 17,670,657 | 126,049 | 2.9 | 67% |
| 2021 | 14,894,657 | 16,798,695 | −1,904,038 | 1.6 | 62% |
| 2022 | 21,432,465 | 17,466,755 | 3,965,710 | 4.2 | 62% |
| 2023 | 19,266,027 | 19,510,617 | −244,590 | 3.6 | 60% |
In its most recent public year (2023), this organization spent $244,590 more than it brought in. Its reserves stood at about 3.6 months of spending. Staff pay was 60% of spending. $92,789 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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