Harmony Public Schools: $548.9M Revenue, $407.2M Program Expenses
Houston, Texas · EIN 760615245 · Filing year 2023
Harmony Public Schools reported $548.9M in total revenue, $522.1M in total expenses, and $1.0B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($407.2M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (84/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $548.9M
- Total Expenses
- $522.1M
- Program Expenses
- $407.2M
- Program Expense Ratio
- 78.0%
- Total Assets
- $1.0B
- Reserve Months
- 23.3 months
- EIN
- 760615245
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
On the LakeQuality nonprofit efficiency rubric, Harmony Public Schools pulls an A — the highest available grade. The 84/100 composite reflects a combination of program-focused spending, controlled overhead, and the kind of multi-year financial discipline that grant-makers look for.
Harmony Public Schools is a large nonprofit by U.S. standards: $548.9M in 2023 revenue against $522.1M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Harmony Public Schools directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Harmony Public Schools reported $548.9M in 2023, up notably from the start of the window. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Harmony Public Schools sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.
How Harmony Public Schools Compares
Harmony Public Schools directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 84/100 is 10 points above the Education category average. The organization holds 23.3 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Harmony Public Schools, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Harmony Public Schools has an Efficiency Score of A (84/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Harmony Public Schools, Donor FAQ
Harmony Public Schools has an Efficiency Score of A (84/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Harmony Public Schools is not reported in the most recent IRS 990 filing on file.
Harmony Public Schools reported $548.9M in annual revenue and $522.1M in total expenses for filing year 2023. The organization holds $1.0B in total assets.
For every dollar donated to Harmony Public Schools, approximately 78.0 cents goes to program activities. The organization has 23.3 months of operating reserves, providing financial stability to sustain its mission.
Harmony Public Schools is a registered 501(c) organization with EIN 760615245, based in Houston, Texas. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.