Harbor Science and Arts Charter School

Analysis

Harbor Science and Arts Charter School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Harbor Science and Arts Charter School reported income of $4.4m and spending of $4.9m, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.4m to $4.4m (-1.0%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harbor Science and Arts Charter School 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 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Gillingham Charter School ($4.4m), Thornwell Charter School ($4.4m) and Blue Oak Charter School Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $133k (2.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.3m against liabilities of $2.9m, net assets of $403k. It reported 59 employees.