Harlem Junior Tennis and Education Program Inc

Analysis

Harlem Junior Tennis and Education Program Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harlem Junior Tennis and Education Program Inc reported income of $1.9m and spending of $1.7m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+75%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harlem Junior Tennis and Education Program Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Community Ministry of Southwest Denver ($1.9m), Dove House Advocacy Services ($1.9m) and Boys and Girls Club of Laredo Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $225k (13% of expenses). Other salaries and wages came to $559k. At year end it held assets of $847k against liabilities of $129k, net assets of $718k. It reported 20 employees.