Housing and Family Services of Greater New York Inc

Analysis

Housing and Family Services of Greater New York Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2013, 13 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 December 2022, Housing and Family Services of Greater New York Inc reported income of $1.4m and spending of $1.2m, spending 85% of its income. Across the 4 years on record, from December 2018 to December 2022, income grew from $1.0m to $1.4m (+40%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing and Family Services of Greater New York Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Parks Youth Ranch Inc ($1.4m), Gordon L and Julia P Tuthill Family Foundation ($1.4m) and Main Street Connect Inc ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $796k. At year end it held assets of $452k against liabilities of $165k, net assets of $287k. It reported 17 employees.