S H a W C Housing Development Fund Corporation

Analysis

S H a W C Housing Development Fund Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, S H a W C Housing Development Fund Corporation reported income of $123k and spending of $77k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $123k (+4.3%), an average of +1.0% a year. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, S H a W C Housing Development Fund Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Robert and Nancy Dedman Foundation ($123k), Private Equity Foundation I Inc ($123k) and Philadelphia Building Trades Charity Fund ($123k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $1.1m against liabilities of $314k, net assets of $809k.