Harlem Commonwealth Council Inc
Harlem Commonwealth Council Inc. consistently grows assets and maintains positive net income with no reported officer compensation.
EIN: 136271908 · New York, NY · NTEE: S30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $4.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $23 |
| Net Assets | $19.9M |
| Transparency Score | 85/100 |
Is Harlem Commonwealth Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harlem Commonwealth Council Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harlem Commonwealth Council Inc
Harlem Commonwealth Council Inc (EIN: 136271908) is a nonprofit organization based in New York, NY, classified under NTEE code S30Z. The organization reported total revenue of $6.7M and total assets of $27.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harlem Commonwealth Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harlem Commonwealth Council Inc is a mid-size nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$530K |
| Total Assets | $23.8M |
| Total Liabilities | $3.9M |
| Net Assets | $19.9M |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 70.3 months |
Financial Health Grade: A
In 2023, Harlem Commonwealth Council Inc reported a surplus of $530K with revenue exceeding expenses, holds 70.3 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Harlem Commonwealth Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | +17.1% | +11.3% |
| 2022 | -3.7% | +5.0% | -7.5% |
| 2021 | -12.0% | -9.6% | +33.6% |
| 2020 | +52.9% | +3.4% | +11.5% |
| 2019 | +33.3% | -1.4% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Harlem Commonwealth Council Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Harlem Commonwealth Council Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $530K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.6%.
Executive Compensation Analysis
Harlem Commonwealth Council Inc. consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with assets exceeding $23 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Harlem Commonwealth Council Inc's IRS 990 filings:
- 0% officer compensation reported for an organization of this size and asset base is unusual and warrants further investigation into how leadership is compensated or if it's entirely volunteer-run.
Strengths
The following positive indicators were identified for Harlem Commonwealth Council Inc:
- Consistent asset growth, from $18,320,121 in 2014 to $23,796,742 in 2023, indicating strong financial management.
- Positive net income in recent years (e.g., $4,589,344 revenue vs. $4,059,208 expenses in 2023), demonstrating financial sustainability.
- No reported officer compensation across all filings, suggesting a highly cost-efficient or volunteer-driven leadership structure.
- Long history of IRS 990 filings (13 periods), indicating a commitment to transparency and regulatory compliance.
Frequently Asked Questions about Harlem Commonwealth Council Inc
Is Harlem Commonwealth Council Inc a legitimate charity?
Harlem Commonwealth Council Inc (EIN: 136271908) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Harlem Commonwealth Council Inc spend its money?
Harlem Commonwealth Council Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Harlem Commonwealth Council Inc tax-deductible?
Harlem Commonwealth Council Inc is registered as a tax-exempt nonprofit (EIN: 136271908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Harlem Commonwealth Council Inc CEO make?
Harlem Commonwealth Council Inc's highest-compensated officer earns $23 annually. The organization reported $6.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Harlem Commonwealth Council Inc's spending goes to programs?
Harlem Commonwealth Council Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harlem Commonwealth Council Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Harlem Commonwealth Council Inc is above average for NTEE category S30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harlem Commonwealth Council Inc located?
Harlem Commonwealth Council Inc is headquartered in New York, New York and files with the IRS under EIN 136271908. It is classified under NTEE code S30Z.
How many years of IRS 990 filings does Harlem Commonwealth Council Inc have?
Harlem Commonwealth Council Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.7M in total revenue.
Is Harlem Commonwealth Council Inc. financially stable?
Yes, the organization appears financially stable, consistently reporting revenues exceeding expenses in recent years (e.g., $4,589,344 revenue vs. $4,059,208 expenses in 2023) and demonstrating consistent asset growth from $18,320,121 in 2014 to $23,796,742 in 2023.
How does Harlem Commonwealth Council Inc. manage executive compensation?
The organization reports 0% officer compensation across all 13 available IRS 990 filings, suggesting that its executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the 990 form.
Has the organization's financial health improved over the last decade?
Yes, the organization's assets have grown from $18,320,121 in 2014 to $23,796,742 in 2023, and it has consistently maintained positive net income in recent years, indicating improved financial health.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated but generally trended upwards, reaching $4,589,344 in 2023 from $2,192,696 in 2014. Expenses have also increased but have generally remained below revenue in recent periods, allowing for asset accumulation.
Filing History
IRS 990 filing history for Harlem Commonwealth Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Harlem Commonwealth Council Inc's revenue has grown by 467.6%, moving from $809K to $4.6M. Total assets increased by 48.8% over the same period, from $16.0M to $23.8M. Total functional expenses rose by 188.8%, from $1.4M to $4.1M. In its most recent filing year (2023), Harlem Commonwealth Council Inc reported a surplus of $530K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $23.8M in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $19.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $4.1M | $23.8M | $3.9M | — | — |
| 2022 | $4.5M | $3.5M | $21.4M | $3.8M | — | View 990 |
| 2021 | $4.6M | $3.3M | $23.1M | $5.3M | — | — |
| 2020 | $5.3M | $3.6M | $17.3M | $1.1M | — | View 990 |
| 2019 | $3.4M | $3.5M | $15.5M | $1.0M | — | View 990 |
| 2018 | $2.6M | $3.6M | $15.4M | $897K | — | View 990 |
| 2017 | $2.3M | $2.8M | $16.4M | $847K | — | — |
| 2016 | $2.4M | $2.8M | $17.2M | $1.2M | — | View 990 |
| 2015 | $4.8M | $3.0M | $18.4M | $1.3M | — | View 990 |
| 2014 | $2.2M | $2.7M | $18.3M | $3.5M | — | View 990 |
| 2013 | $2.3M | $3.0M | $16.2M | $1.7M | — | View 990 |
| 2012 | $1.6M | $1.9M | $16.4M | $1.2M | — | View 990 |
| 2011 | $809K | $1.4M | $16.0M | $547K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $4.1M, and assets of $23.8M (revenue +3.0% year-over-year).
- 2022: Revenue of $4.5M, expenses of $3.5M, and assets of $21.4M (revenue -3.7% year-over-year).
- 2021: Revenue of $4.6M, expenses of $3.3M, and assets of $23.1M (revenue -12.0% year-over-year).
- 2020: Revenue of $5.3M, expenses of $3.6M, and assets of $17.3M (revenue +52.9% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.5M, and assets of $15.5M (revenue +33.3% year-over-year).
- 2018: Revenue of $2.6M, expenses of $3.6M, and assets of $15.4M (revenue +12.7% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.8M, and assets of $16.4M (revenue -4.8% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.8M, and assets of $17.2M (revenue -50.4% year-over-year).
- 2015: Revenue of $4.8M, expenses of $3.0M, and assets of $18.4M (revenue +121.0% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.7M, and assets of $18.3M (revenue -6.6% year-over-year).
- 2013: Revenue of $2.3M, expenses of $3.0M, and assets of $16.2M (revenue +48.8% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.9M, and assets of $16.4M (revenue +95.2% year-over-year).
- 2011: Revenue of $809K, expenses of $1.4M, and assets of $16.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harlem Commonwealth Council Inc:
Data Sources and Methodology
This transparency report for Harlem Commonwealth Council Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.