Catherine Sheridan Housing Development Fund Company Inc

Analysis

Catherine Sheridan Housing Development Fund Company Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Catherine Sheridan Housing Development Fund Company Inc reported income of $7.2m and spending of $5.9m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.6m to $7.2m (+8.0%), an average of +2.6% a year. Over the whole period it spent 211% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catherine Sheridan Housing Development Fund Company Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Opportunities Unlimited ($7.2m), Board of Trustees Grand Charity Fund Grand Lodge of Iowa a F & a M ($7.2m) and A Starting Place Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $28.2m against liabilities of $52.8m, net assets of -$24.6m.