Long Island Home Builders Care Inc

Analysis

Long Island Home Builders Care Inc is a registered charity in United States, based in Melville, NY. It received its IRS tax-exemption ruling in May 2002, 24 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, Long Island Home Builders Care Inc reported income of $95k and spending of $62k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $95k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 44% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Long Island Home Builders Care Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include John Davis Manor Inc ($95k), Mosaic Housing Corp VII ($95k) and Kceoc Housing Corporation II ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $292k against liabilities of $44k, net assets of $247k.