Harlem Restoration Project Inc

Analysis

Harlem Restoration Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Harlem Restoration Project Inc reported income of $196k and spending of $200k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $212k to $196k (-7.4%), an average of -1.9% a year. The sharpest change came in the year to June 2021, when income dropped by 15%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harlem Restoration Project Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Mental Health Programs Inc -Vi ($196k), Washington Woods Housing Corporation ($196k) and North Central Housing Inc ($196k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $128k. At year end it held assets of $1,140 against liabilities of $0, net assets of $1,140.