East Harlem Tutorial Program Inc

Analysis

East Harlem Tutorial Program Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1975, 51 years ago. 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, East Harlem Tutorial Program Inc reported income of $11.5m and spending of $14.0m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.2m to $11.5m (-37%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 52%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Harlem Tutorial Program Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Good Shepherd Manor Inc ($11.5m), St Andre Health Care Facility ($11.5m) and Mid-Michigan Child Care Centers Inc ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $742k (5.3% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $135.3m against liabilities of $71.6m, net assets of $63.7m. It reported 127 employees.