Kiryas Joel Community Housing Development Organization Inc

Analysis

Kiryas Joel Community Housing Development Organization Inc is a registered charity in United States, based in Monroe, NY. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kiryas Joel Community Housing Development Organization Inc reported income of $213k and spending of $551k, spending 259% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $242k to $213k (-12%), an average of -4.3% a year. Over the whole period it spent 196% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kiryas Joel Community Housing Development Organization Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Light the Way Inc ($212k), Resolute Adult Living Facility ($213k) and Project America Inc ($212k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $231k. At year end it held assets of $364k against liabilities of $2.1m, net assets of -$1.8m. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.