Harlem Congregations For Community Improvement Inc
Harlem Congregations For Community Improvement Inc shows asset growth but significant liability increase and fluctuating revenue.
EIN: 133516262 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $4.7M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $7.4M |
| Transparency Score | 70/100 |
Is Harlem Congregations For Community Improvement Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harlem Congregations For Community Improvement Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harlem Congregations For Community Improvement Inc
Harlem Congregations For Community Improvement Inc (EIN: 133516262) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.9M and total assets of $25.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harlem Congregations For Community Improvement Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harlem Congregations For Community Improvement Inc is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$312K |
| Total Assets | $25.0M |
| Total Liabilities | $17.6M |
| Net Assets | $7.4M |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 70.3% |
| Months of Reserves | 64.0 months |
Financial Health Grade: A
In 2023, Harlem Congregations For Community Improvement Inc reported a surplus of $312K with revenue exceeding expenses, holds 64.0 months of operating reserves (strong position), has a debt-to-asset ratio of 70.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Harlem Congregations For Community Improvement Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.3% | +10.0% | +9.6% |
| 2022 | +83.2% | +19.9% | +14.4% |
| 2021 | +8.3% | -7.1% | +4.7% |
| 2020 | +13.4% | -0.2% | +196.0% |
| 2019 | -18.3% | +9.3% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Congregations For Community Improvement Inc with a Mission Score of 70 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Harlem Congregations For Community Improvement Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $312K, with revenue exceeding expenses.
- Debt-to-asset ratio: 70.3%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with nearly $5 million in annual revenue and over $24 million in assets. This suggests that executive compensation may be reported under other expense categories or that leadership is entirely volunteer, which would be a significant strength in terms of resource allocation.
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 Congregations For Community Improvement Inc's IRS 990 filings:
- Significant increase in liabilities from $2.9M in 2019 to $17.5M in 2023
- Unexplained 0% officer compensation for an organization of this size
- Notable revenue decrease of over $2M from 2022 to 2023
Strengths
The following positive indicators were identified for Harlem Congregations For Community Improvement Inc:
- Consistent asset growth, reaching $24.9M in 2023
- Generally positive net income in most recent periods (e.g., $312,172 in 202306)
- Long filing history (13 filings) indicating established operations
Frequently Asked Questions about Harlem Congregations For Community Improvement Inc
Is Harlem Congregations For Community Improvement Inc a legitimate charity?
Harlem Congregations For Community Improvement Inc (EIN: 133516262) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.9M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Harlem Congregations For Community Improvement Inc spend its money?
Harlem Congregations For Community Improvement Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Harlem Congregations For Community Improvement Inc tax-deductible?
Harlem Congregations For Community Improvement Inc is registered as a tax-exempt nonprofit (EIN: 133516262). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Harlem Congregations For Community Improvement Inc CEO make?
Harlem Congregations For Community Improvement Inc's highest-compensated officer earns $5 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Harlem Congregations For Community Improvement Inc's spending goes to programs?
Harlem Congregations For Community Improvement Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Harlem Congregations For Community Improvement Inc located?
Harlem Congregations For Community Improvement Inc is headquartered in New York, New York and files with the IRS under EIN 133516262.
How many years of IRS 990 filings does Harlem Congregations For Community Improvement Inc have?
Harlem Congregations For Community Improvement 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 $4.9M in total revenue.
Why has officer compensation consistently been reported as 0%?
The consistent reporting of 0% officer compensation across all 13 filings is unusual for an organization with annual revenues nearing $5 million. This could indicate that executive leadership is entirely volunteer, or that compensation is categorized differently within the financial statements, which would require further investigation of the full 990 forms.
What caused the significant increase in liabilities from $2,939,886 in 201906 to $17,552,730 in 202306?
The substantial increase in liabilities, from under $3 million to over $17 million in four years, is a significant financial change. This could be due to new debt financing for projects, deferred revenue, or other obligations. Understanding the nature of these liabilities is crucial for assessing the organization's long-term financial stability.
What led to the revenue decrease from $7,064,040 in 202206 to $4,993,554 in 202306?
A drop of over $2 million in revenue year-over-year (from 202206 to 202306) is a notable fluctuation. Identifying the specific funding sources that decreased or were lost would provide insight into the organization's funding stability and future revenue projections.
Filing History
IRS 990 filing history for Harlem Congregations For Community Improvement Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Harlem Congregations For Community Improvement Inc's revenue has grown by 21.8%, moving from $4.1M to $5.0M. Total assets increased by 522.1% over the same period, from $4.0M to $25.0M. Total functional expenses rose by 35.9%, from $3.4M to $4.7M. In its most recent filing year (2023), Harlem Congregations For Community Improvement Inc reported a surplus of $312K, with revenue exceeding expenses. The organization holds $17.6M in liabilities against $25.0M in assets (debt-to-asset ratio: 70.3%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $4.7M | $25.0M | $17.6M | — | — |
| 2022 | $7.1M | $4.3M | $22.8M | $15.0M | — | View 990 |
| 2021 | $3.9M | $3.5M | $19.9M | $15.4M | — | — |
| 2020 | $3.6M | $3.8M | $19.0M | $14.8M | — | View 990 |
| 2019 | $3.1M | $3.8M | $6.4M | $2.9M | — | View 990 |
| 2018 | $3.8M | $3.5M | $5.9M | $2.0M | — | View 990 |
| 2017 | $3.7M | $3.8M | $5.3M | $1.8M | — | View 990 |
| 2016 | $4.2M | $3.8M | $5.2M | $1.3M | — | View 990 |
| 2015 | $4.7M | $4.4M | $6.3M | $2.2M | — | View 990 |
| 2014 | $4.4M | $4.2M | $4.9M | $2.2M | — | View 990 |
| 2013 | $4.3M | $4.1M | $4.0M | $1.4M | — | View 990 |
| 2012 | $4.2M | $4.0M | $3.8M | $1.3M | — | View 990 |
| 2011 | $4.1M | $3.4M | $4.0M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $4.7M, and assets of $25.0M (revenue -29.3% year-over-year).
- 2022: Revenue of $7.1M, expenses of $4.3M, and assets of $22.8M (revenue +83.2% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.5M, and assets of $19.9M (revenue +8.3% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.8M, and assets of $19.0M (revenue +13.4% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.8M, and assets of $6.4M (revenue -18.3% year-over-year).
- 2018: Revenue of $3.8M, expenses of $3.5M, and assets of $5.9M (revenue +4.5% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.8M, and assets of $5.3M (revenue -12.1% year-over-year).
- 2016: Revenue of $4.2M, expenses of $3.8M, and assets of $5.2M (revenue -11.0% year-over-year).
- 2015: Revenue of $4.7M, expenses of $4.4M, and assets of $6.3M (revenue +7.5% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.2M, and assets of $4.9M (revenue +1.6% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.1M, and assets of $4.0M (revenue +1.3% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.0M, and assets of $3.8M (revenue +3.6% year-over-year).
- 2011: Revenue of $4.1M, expenses of $3.4M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harlem Congregations For Community Improvement Inc:
Data Sources and Methodology
This transparency report for Harlem Congregations For Community Improvement 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.