70 Audubon Street Association Inc

Analysis

70 Audubon Street Association Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, 70 Audubon Street Association Inc reported income of $352k and spending of $287k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $352k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 212%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 70 Audubon Street Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Housing Services Incorporated ($352k), National Church Residences ($353k) and Adkins Village Non Profit Housing Corporation ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $183k, net assets of $1.2m.