New York · Nonprofit
HARLEM ACADEMY
HARLEM ACADEMY (New York) receives grants from 169 organizations whose IRS filings report $29,828,820 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($6,988,790). 106 of them have funded it in more than one year.
- Revenue FY2025
- $9.1M
- Funders on record
- 169
- Grants received
- $30M
- Net assets
- $47M
What Harlem Academy does
Mission
Harlem Academy drives equity of opportunity for promising children, guiding them to thrive at the highest academic levels and one day make a mark on the world.
As stated on its FY2025 Form 990.
Program
Commitment to low-income children. Harlem Academy provides a full-need scholarship to 100% of enrolled students. The school is committed to a meritocracy where hard work drives the opportunity to realize potential, and no student is turned away for an inability to pay. Expanded enrollment. Since relocating to its permanent campus, Harlem Academy has increased enrollment from 102 in december 2021 to 182 students in september 2024, expanding access to a rigorous education for students whose potential might otherwise go unrealized. Secondary school placement. Ninety-two percent of eighth graders from the class of 2025 earned full-need scholarships to independent day and boarding schools. Students matriculated at schools including deerfield academy, greenwich country day school, kent school, miss porter's school, and northfield mount hermon, among others. College matriculation. One hundred percent of Harlem Academy alumni from the class of 2021 enrolled in four-year colleges. Students matriculated at institutions, including the college of the holy cross, howard university, smith college, spelman college, syracuse university, tulane university, university of pennsylvania, and wesleyan…
$5,651,200 spentof which $88,000 as grants$555,360 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $5,651,200.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $26M to $37M (+42%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 2% · 2018 1% · 2019 2% · 2020 1% · 2021 4% · 2022 7% · 2023 3% · 2024 3% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.
92% of HARLEM ACADEMY’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
David B Peterson
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 30 funders to 73 funders, grant income rose $2.0M → $3.4M.
20 of 169 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HARLEM ACADEMY’s funders (the co-funder graph). Top 30 of 169 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HARLEM ACADEMY has a broad base — no single funder exceeds 23% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
42% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HARLEM ACADEMY.
Largest funder’s share by year: 2017 61% · 2018 22% · 2019 18% · 2020 23% · 2021 21% · 2022 23% · 2023 15% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
56% of HARLEM ACADEMY's funders are still giving 3 years after their first grant; 63% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
76% of HARLEM ACADEMY's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $12M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HARLEM ACADEMY runs a healthier operating margin than three-quarters of the 9,615 education nonprofits its size.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Organizations like HARLEM ACADEMY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
76%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for HARLEM ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HARLEM ACADEMY?
- HARLEM ACADEMY (New York) receives grants from 169 organizations whose IRS filings report $29,828,820 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($6,988,790). 106 of them have funded it in more than one year.
- How many funders does HARLEM ACADEMY have?
- IRS filings report 169 organizations giving $29,828,820 in grants to HARLEM ACADEMY, 106 of which have funded it in more than one year.
- Who is the largest funder of HARLEM ACADEMY?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $6,988,790 in grants. The full list of funders is on this page.
- How can an organization like HARLEM ACADEMY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Harlem Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 169 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing