West Harlem Community Organization Inc

Analysis

West Harlem Community Organization Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1966, 60 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, West Harlem Community Organization Inc reported income of $5.8m and spending of $5.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $5.8m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Harlem Community Organization Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Careerrise Inc ($5.8m), Common Ground Alliance ($5.8m) and Federation Housing Inc ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $202k (3.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.0m against liabilities of $3.6m, net assets of $450k. It reported 30 employees.