Public & Societal Benefit
(W12)
990 on File
HARPSWELL FOUNDATION
Financial strength (30%)
91/100
Reliability (20%)
55/100
Effectiveness (25%)
41/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.1M
Total Revenue
$1.0M
Total Expenses
$10.0M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.7%
Fundraising Efficiency
N/A
Operating Reserve
116.57x
Liability-to-Asset
0.6%
Revenue Diversification
51.8%
Executive Compensation
$161K
Compared with Peers
FY 2024
Compared with 521 similar organizations
(United States, Public & Societal Benefit, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.7% | 83.6% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
116.6 mo | 9.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.6% | 13.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
51.8% | 94.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
40.5% | 7.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.4% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.7% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.1M | $1.0M | $10.0M | 70.7% | — |
| 2023 | $817K | $982K | $9.1M | 38.3% | — |
| 2022 | $992K | $944K | $8.4M | 38.7% | — |
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