United Cerebral Palsy Housing Development Fund Corporation

Analysis

United Cerebral Palsy Housing Development Fund Corporation is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in January 1980, 46 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 2023, United Cerebral Palsy Housing Development Fund Corporation reported income of $1.2m and spending of $1.7m, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.2m (+0.6%), an average of +0.2% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, United Cerebral Palsy Housing Development Fund Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Housing Rescource Center of Lewis County ($1.2m), Rebuilding Together East Bay Network ($1.2m) and Evernorth Loan Fund Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $145k. At year end it held assets of $693k against liabilities of $5.2m, net assets of -$4.5m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.