Ame Zion Trinity Housing Development Fund Co Inc

Analysis

Ame Zion Trinity Housing Development Fund Co Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in June 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 October 2023, Ame Zion Trinity Housing Development Fund Co Inc reported income of $3.9m and spending of $3.4m, spending 86% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $3.2m to $3.9m (+22%), an average of +5.2% a year. The sharpest change came in the year to October 2021, when income rose by 80%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ame Zion Trinity Housing Development Fund Co Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Rebuilding Together Southern Nevada ($3.9m), Village Square Housing Corporation ($3.9m) and Community Development Corp of Bentonville Bella Vista ($3.9m).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $804k. At year end it held assets of $13.4m against liabilities of $12.3m, net assets of $1.1m.