Is Harvard Management Private Equity Corporation a Good Charity?
Harvard Management Private Equity Corporation has a NonprofitTruth Efficiency Score of 54/100 (C), based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue.
This page answers a common question about U.S. nonprofit financial efficiency: Is Harvard Management Private Equity Corporation a Good Charity?. The answer below pulls directly from IRS Form 990 filings — the public-disclosure document every U.S. tax-exempt organization must file annually — and the NonprofitTruth efficiency rubric that combines financial-reserve, revenue-consistency, and officer-compensation factors into a single grade. Why this matters: every U.S. taxpayer subsidizes the nonprofit sector indirectly — donations are tax-deductible, nonprofit income is exempt, and many nonprofit employees benefit from sector-specific tax provisions. The public-disclosure regime exists specifically to give donors and policy-makers the data they need to judge whether the subsidy is well-spent on a given organization.
The detailed answer below uses the actual Form 990 numbers, explains how to read them, and translates the technical accounting into the donor-relevant version of the question.
Harvard Management Private Equity Corporation is a education nonprofit based in Boston, Massachusetts with IRS EIN 043070522. According to its Form 990 filing for tax year 2023, the organization reported $2.0B in total revenue, $467.1M in total expenses, and $47.7B in net assets.
A program-vs-overhead split is not shown for Harvard Management Private Equity Corporation because total program service expenses (Form 990 Part IX, line 25, column B) are not carried in the ProPublica Nonprofit Explorer feed this site ingests. Rather than estimate the figure, we omit it; the breakdown can be read directly from the organization's e-filed Form 990 or on Candid (GuideStar).
The NonprofitTruth Efficiency Score of 54/100 weights financial health / operating reserves (40%), multi-year revenue consistency (35%), and officer compensation relative to revenue (25%), producing a grade of C.
Key Data
| Metric | Value |
|---|---|
| Efficiency Score | 54/100 (C) |
| Total Revenue | $2.0B |
| Total Expenses | $467.1M |
| Current-Officer Compensation | Not reported |
| Category | Education |
Other Education Nonprofits
Frequently Asked Questions
Harvard Management Private Equity Corporation has a NonprofitTruth Efficiency Score of 54/100 (C), based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue.
Harvard Management Private Equity Corporation reported $0 in total compensation for current officers and key employees for tax year 2023 (IRS Form 990 Part IX, line 5) — about 0.00% of the organization's $2.0B in revenue. This is an aggregate across all listed officers, not one person's salary.
Harvard Management Private Equity Corporation reported $2.0B in total revenue for tax year 2023, with $47.7B in net assets.
The NonprofitTruth Efficiency Score weights three factors from IRS Form 990 data: financial health / operating reserves (40%), multi-year revenue consistency (35%), and officer compensation relative to revenue (25%). It does not estimate a program-spending ratio. Harvard Management Private Equity Corporation scored 54/100 (grade C).
Harvard Management Private Equity Corporation has a NonprofitTruth Efficiency Score of 54/100 (C), based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue.