Grand Street Guild East Housing Development Fund Company Inc

Analysis

Grand Street Guild East Housing Development Fund Company Inc is a registered charity in United States, based in Richmond Hill, NY. It received its IRS tax-exemption ruling in April 2007, 19 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grand Street Guild East Housing Development Fund Company Inc reported income of $10.4m and spending of $10.3m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $8.4m to $10.4m (+24%), an average of +4.4% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grand Street Guild East Housing Development Fund Company Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Aishes Chayil Dkiryas Joel Mothers Relief Center Inc ($10.4m), Equinox Inc ($10.4m) and Habitat for Humanity of Kansas City ($10.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $599k. At year end it held assets of $30.4m against liabilities of $50.6m, net assets of -$20.2m. It reported 29 employees.