Gurwin Jewish-Fay J Lindner Residences Inc

Analysis

Gurwin Jewish-Fay J Lindner Residences Inc is a registered charity in United States, based in Commack, NY. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2023, Gurwin Jewish-Fay J Lindner Residences Inc reported income of $14.0m and spending of $14.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.2m to $14.0m (-14%), an average of -3.6% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gurwin Jewish-Fay J Lindner Residences Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Rdoor Housing Corporation ($13.9m), Community Partners for Affordable Housing ($14.0m) and Alaska Corporation for Affordable Housing ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Other salaries and wages came to $4.5m. At year end it held assets of $17.1m against liabilities of $32.1m, net assets of -$15.1m. It reported 102 employees.