Southeast Grand St Guild HDF Co Inc Residential Management Assoc Inc

Analysis

Southeast Grand St Guild HDF Co Inc Residential Management Assoc Inc is a registered charity in United States, based in Richmond Hill, NY. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Southeast Grand St Guild HDF Co Inc Residential Management Assoc Inc reported income of $10.6m and spending of $9.8m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $8.6m to $10.6m (+23%), an average of +4.3% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southeast Grand St Guild HDF Co Inc Residential Management Assoc 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 Firm Foundation Community Housing ($10.6m), Avesta Housing Management Corporation ($10.6m) and Many Mansions a California Non Profit Corporation ($10.6m).

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 $659k. At year end it held assets of $30.3m against liabilities of $53.0m, net assets of -$22.7m. It reported 29 employees.