Harlem Independent Living Center Inc

Analysis

Harlem Independent Living Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Harlem Independent Living Center Inc reported income of $608k and spending of $603k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $557k to $608k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to September 2023, when income dropped by 21%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harlem Independent Living Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Transformation Project Inc ($608k), Abc Payee Inc ($608k) and Compass House Inc ($608k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $138k (23% of expenses). Other salaries and wages came to $121k. At year end it held assets of $813k against liabilities of $387k, net assets of $425k. It reported 8 employees.