Carrington Arms Housing Development Fund Co Inc

Analysis

Carrington Arms Housing Development Fund Co Inc is a registered charity in United States, based in Elmsford, NY. It received its IRS tax-exemption ruling in July 1993, 33 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 April 2024, Carrington Arms Housing Development Fund Co Inc reported income of $246k and spending of $2,445, leaving 99% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income fell from $246k to $246k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 0.8% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Carrington Arms Housing Development Fund Co Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Meadows of Wesley Village ($246k), Asi Dakota County Inc ($247k) and New Sunrise Properties Inc ($246k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $10.0m against liabilities of $0, net assets of $10.0m.