Housing Developmt Fund Co of Carpen Ters&joiners Local 964-Ramapo Inc

Analysis

Housing Developmt Fund Co of Carpen Ters&joiners Local 964-Ramapo Inc is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in August 1986, 40 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 December 2023, Housing Developmt Fund Co of Carpen Ters&joiners Local 964-Ramapo Inc reported income of $240k and spending of $35k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $240k (+224%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 269%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Housing Developmt Fund Co of Carpen Ters&joiners Local 964-Ramapo Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include San Ramon Valley Education Foundation ($240k), Msruntheus ($241k) and PTA California Congress of Parents Teachers & Students Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 24% of the total. At year end it held assets of $17.7m against liabilities of $0, net assets of $17.7m.