Harlem Stage Inc

Analysis

Harlem Stage Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Harlem Stage Inc reported income of $2.7m and spending of $3.7m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.7m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harlem Stage Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.7m), Antelope Valley College Foundation ($2.7m) and Tholos Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $301k (8.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.7m against liabilities of $183k, net assets of $5.5m. It reported 58 employees.