CSCharityScored
45

Harborcov Inc

Human Services · Chelsea, Massachusetts

63 Washington Avenue, Chelsea, MA 02150-3955

EIN: 043458096· Founded: May 1999· 27 years active· Filing Year: 2024

Annual Revenue

$3.5M

Total Expenses

$3.3M

Total Assets

$5.3M

Program Spending

1%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$270K

8.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.2M

Total Payroll

$1.5M

45% of total expenses

Where the Money Goes

1%
Programs: 1%
Payroll: 45%
Other overhead: 99%
Program Revenue$20K (1%)
Total Expenses$3.3M (95%)
Payroll$1.5M (45%)
Overhead (non-program)99%

Trust Score Breakdown

Program Spending Ratio

1% of expenses go to programs

40%

Revenue & Stability

$3.5M annual revenue

15%

Executive Compensation

$270K total officer comp (8.2% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$5.3M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.