Harlem Link Charter School
Harlem Link Charter School consistently operates with surpluses and no reported officer compensation.
EIN: 201982947 · New York, NY · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.5M |
| Total Expenses | $8.8M |
| Program Spending | 90% |
| Net Assets | $4.6M |
| Transparency Score | 92/100 |
Is Harlem Link Charter School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harlem Link Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harlem Link Charter School
Harlem Link Charter School (EIN: 201982947) is a nonprofit organization based in New York, NY, classified under NTEE code B29. The organization reported total revenue of $8.5M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harlem Link Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harlem Link Charter School is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.0M |
| Total Expenses | $8.8M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $5.2M |
| Total Liabilities | $601K |
| Net Assets | $4.6M |
| Operating Margin | 11.8% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2024, Harlem Link Charter School reported a surplus of $1.2M with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Harlem Link Charter School's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.6% | -5.7% | +21.0% |
| 2023 | -13.5% | -9.1% | -2.7% |
| 2022 | +11.1% | +8.1% | -11.8% |
| 2021 | +1.1% | +8.7% | +41.3% |
| 2020 | +13.2% | +9.3% | +28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Link Charter School with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Harlem Link Charter School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a strong dedication to directing all available funds towards the school's educational programs and operational needs.
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.
Strengths
The following positive indicators were identified for Harlem Link Charter School:
- Consistent financial surpluses in most recent years (e.g., $1,172,503 in 202406).
- Zero reported officer compensation across all filings, indicating high program focus.
- Steady growth in assets over the past decade, from $1,941,647 in 201506 to $5,212,949 in 202406.
- Strong transparency with 14 available IRS 990 filings.
- Liabilities remain low relative to assets, indicating good financial health.
Frequently Asked Questions about Harlem Link Charter School
Is Harlem Link Charter School a legitimate charity?
Harlem Link Charter School (EIN: 201982947) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $8.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Harlem Link Charter School spend its money?
Harlem Link Charter School directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Harlem Link Charter School tax-deductible?
Harlem Link Charter School is registered as a tax-exempt nonprofit (EIN: 201982947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harlem Link Charter School's spending goes to programs?
Harlem Link Charter School directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harlem Link Charter School compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Harlem Link Charter School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harlem Link Charter School located?
Harlem Link Charter School is headquartered in New York, New York and files with the IRS under EIN 201982947. It is classified under NTEE code B29.
How many years of IRS 990 filings does Harlem Link Charter School have?
Harlem Link Charter School has 14 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 $8.5M in total revenue.
Is Harlem Link Charter School financially stable?
Yes, Harlem Link Charter School appears financially stable. It has consistently generated surpluses in most recent years (e.g., $1,172,503 in 202406) and has shown steady asset growth from $1,941,647 in 201506 to $5,212,949 in 202406, while maintaining manageable liabilities.
How does Harlem Link Charter School manage executive compensation?
Harlem Link Charter School reports 0% officer compensation across all 14 available filings, indicating that no officers received salaries or other compensation directly from the organization during these periods.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $1,941,647 in 201506 to $5,212,949 in 202406, demonstrating healthy financial growth and accumulation of resources.
Filing History
IRS 990 filing history for Harlem Link Charter School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Harlem Link Charter School's revenue has grown by 106.3%, moving from $4.8M to $10.0M. Total assets increased by 144.8% over the same period, from $2.1M to $5.2M. Total functional expenses rose by 98.7%, from $4.4M to $8.8M. In its most recent filing year (2024), Harlem Link Charter School reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $601K in liabilities against $5.2M in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $10.0M | $8.8M | $5.2M | $601K | — | View 990 |
| 2023 | $9.2M | $9.3M | $4.3M | $869K | — | — |
| 2022 | $10.7M | $10.2M | $4.4M | $923K | — | View 990 |
| 2021 | $9.6M | $9.5M | $5.0M | $2.0M | — | — |
| 2020 | $9.5M | $8.7M | $3.6M | $641K | — | View 990 |
| 2019 | $8.4M | $8.0M | $2.8M | $636K | — | View 990 |
| 2018 | $7.7M | $7.7M | $2.4M | $694K | — | — |
| 2017 | $7.1M | $6.6M | $2.4M | $580K | — | View 990 |
| 2016 | $5.8M | $6.0M | $1.9M | $634K | — | View 990 |
| 2015 | $5.1M | $5.1M | $1.9M | $511K | — | View 990 |
| 2014 | $5.2M | $5.2M | $2.0M | $509K | — | View 990 |
| 2013 | $4.9M | $5.1M | $1.9M | $422K | — | View 990 |
| 2012 | $4.8M | $4.8M | $2.2M | $489K | — | View 990 |
| 2011 | $4.8M | $4.4M | $2.1M | $432K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $10.0M, expenses of $8.8M, and assets of $5.2M (revenue +7.6% year-over-year).
- 2023: Revenue of $9.2M, expenses of $9.3M, and assets of $4.3M (revenue -13.5% year-over-year).
- 2022: Revenue of $10.7M, expenses of $10.2M, and assets of $4.4M (revenue +11.1% year-over-year).
- 2021: Revenue of $9.6M, expenses of $9.5M, and assets of $5.0M (revenue +1.1% year-over-year).
- 2020: Revenue of $9.5M, expenses of $8.7M, and assets of $3.6M (revenue +13.2% year-over-year).
- 2019: Revenue of $8.4M, expenses of $8.0M, and assets of $2.8M (revenue +9.7% year-over-year).
- 2018: Revenue of $7.7M, expenses of $7.7M, and assets of $2.4M (revenue +7.8% year-over-year).
- 2017: Revenue of $7.1M, expenses of $6.6M, and assets of $2.4M (revenue +21.5% year-over-year).
- 2016: Revenue of $5.8M, expenses of $6.0M, and assets of $1.9M (revenue +15.1% year-over-year).
- 2015: Revenue of $5.1M, expenses of $5.1M, and assets of $1.9M (revenue -1.8% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.2M, and assets of $2.0M (revenue +4.8% year-over-year).
- 2013: Revenue of $4.9M, expenses of $5.1M, and assets of $1.9M (revenue +2.2% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.8M, and assets of $2.2M (revenue +0.1% year-over-year).
- 2011: Revenue of $4.8M, expenses of $4.4M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harlem Link Charter School:
Data Sources and Methodology
This transparency report for Harlem Link Charter School 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.