H S C No 4 Housing Developement Fund Company Inc

Analysis

H S C No 4 Housing Developement Fund Company Inc is a registered charity in United States, based in Greenlawn, NY. It received its IRS tax-exemption ruling in March 1991, 35 years ago. 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 July 2024, H S C No 4 Housing Developement Fund Company Inc reported income of $586k and spending of $649k, spending 111% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $453k to $586k (+29%), an average of +6.6% a year. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H S C No 4 Housing Developement Fund Company Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Walkboston Inc ($586k), Christian Ministries Inc ($586k) and Lamoille Community House Inc ($586k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $112k. At year end it held assets of $2.5m against liabilities of $4.2m, net assets of -$1.6m. It reported 2 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.