Vip RJP Housing Development Fund Corporation

Analysis

Vip RJP Housing Development Fund Corporation is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vip RJP Housing Development Fund Corporation reported income of $187k and spending of $306k, spending 163% of what it took in. Over the whole period it spent 163% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vip RJP Housing Development Fund Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Willapa Community Developement Association ($187k), King of Kings Housing Development Corporation II ($187k) and Cranberry Isles Realty TR ($187k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $4.3m against liabilities of $4.4m, net assets of -$118k.