Washingtonville Housing Alliance Inc

Analysis

Washingtonville Housing Alliance Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in September 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Washingtonville Housing Alliance Inc reported income of $725k and spending of $818k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $675k to $725k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washingtonville Housing Alliance Inc 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 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Shepherds Haven Ministries Inc ($725k), Catholic Charities-Arbor Villas ($725k) and North East Educational Foundation Inc ($725k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $216k. At year end it held assets of $1.6m against liabilities of $1.3m, net assets of $302k.