St Annes Gardens Housing Develoment Fund Company Inc

Analysis

St Annes Gardens Housing Develoment Fund Company Inc is a registered charity in United States, based in Hicksville, NY. It received its IRS tax-exemption ruling in October 1998, 28 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, St Annes Gardens Housing Develoment Fund Company Inc reported income of $1.3m and spending of $353k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $1.3m (+799%), an average of +73% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 32% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Annes Gardens Housing Develoment Fund Company Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Kansas Statewide Homeless Coalition Inc ($1.3m), Shamokin Housing Association ($1.3m) and Tabor Lutheran Senior Housing Inc ($1.3m).

At year end it held assets of $4.3m against liabilities of $2.8m, net assets of $1.5m.