Harlem Advocates for Seniors Inc

Analysis

Harlem Advocates for Seniors Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harlem Advocates for Seniors Inc reported income of $85k and spending of $88k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $85k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 121% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Harlem Advocates for Seniors Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Giving Cupboard ($85k), Meadows of Dan Ruritan Inc ($85k) and Kiwanis Club of Kingsport Foundation ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $5,058, net assets of $6,192.