Raymond J and Kathryn D Harbert Foundation is a 501(c)(3) organization based in Birmingham, Alabama, registered in 2010, with $22,200 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$22K
▼ 92.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$305K
Net assets
$4.7M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Raymond J and Kathryn D Harbert Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Raymond J and Kathryn D Harbert Foundation: 185 mo reserves · -1276% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Raymond J and Kathryn D Harbert Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Raymond J and Kathryn D Harbert Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $10.0M (FY2013) to $22K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-1275.9%
Spent more than it raised in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$0
Net assets
$4.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $22,200▼92.3% | $305,448▲260% | $4,713,911▼5.7% | $4,713,911▼5.7% | 990PF |
| 2023 | $288,939▲82.6% | $84,778▼21.0% | $4,997,159▲4.3% | $4,997,159▲4.3% | 990PF |
| 2022 | $158,252▲1983% | $107,278▼17.5% | $4,792,998▲1.1% | $4,792,998▲1.1% | 990PF |
| 2021 | $7,598▼97.8% | $129,991▼83.2% | $4,742,024▼2.5% | $4,742,024▼2.5% | 990PF |
| 2020 | $337,901▼96.6% | $773,402▼92.3% | $4,864,417▲118429% | $4,864,417▲118429% | 990PF |
| 2013 | $10,000,003 | $10,006,946▲121847% | $4,104▼62.8% | $4,104▼62.8% | 990PF |
| 2012 | — | $8,206 | $11,047 | $11,047 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Raymond J and Kathryn D Harbert Foundation (EIN 26-3910444) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.