Bishop James Daly Gardens Senior Housing Development Fund Company I

Analysis

Bishop James Daly Gardens Senior Housing Development Fund Company I is a registered charity in United States, based in Hicksville, NY. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bishop James Daly Gardens Senior Housing Development Fund Company I reported income of $517k and spending of $511k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $447k to $517k (+15%), an average of +3.7% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bishop James Daly Gardens Senior Housing Development Fund Company I sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Capital Area Initiatives Foundation ($517k), Jeffs Place Childrens Bereavement Center Inc ($517k) and San Francisco Safehouse ($517k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $70k. At year end it held assets of $3.3m against liabilities of $196k, net assets of $3.1m.