Harlem Tenants Association Inc

Analysis

Harlem Tenants Association Inc is a registered charity in United States, based in Lake Mary, FL. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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 January 2024, Harlem Tenants Association Inc reported income of $1.5m and spending of $1.6m, spending 110% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $1.4m to $1.5m (+5.3%), an average of +1.3% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harlem Tenants Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include West Virginia Coalition Against Domestic Violence Inc ($1.5m), Management Services Inc ($1.5m) and Fletcher Place Community Center ($1.5m).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $309k. At year end it held assets of $1.7m against liabilities of $347k, net assets of $1.3m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.