Casabe Housing Development Fund Company Inc

Analysis

Casabe Housing Development Fund Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1981, 45 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Casabe Housing Development Fund Company Inc reported income of $235k and spending of $374k, spending 160% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $261k to $235k (-10%), an average of -2.6% a year. The sharpest change came in the year to September 2021, when income rose by 99%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casabe Housing Development Fund Company Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Columbia Housing Center Inc ($235k), Twentieth Association Properties Inc ($235k) and Stehm Inc ($235k).

At year end it held assets of $6.2m against liabilities of $22k, net assets of $6.2m.