Harlem Childrens Zone Inc

Analysis

Harlem Childrens Zone Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Harlem Childrens Zone Inc reported income of $101.8m and spending of $117.3m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $112.4m to $101.8m (-9.4%), an average of -2.4% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harlem Childrens Zone Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Mystic Valley Aging Services Inc ($101.5m), Christian & Missionary Alliance Foundation Inc ($101.9m) and Greenspring Village Inc ($100.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $2.7m (2.3% of expenses). Other salaries and wages came to $47.7m. At year end it held assets of $1.06bn against liabilities of $193.8m, net assets of $867.2m. It reported 1,694 employees.