Help Me Housing Development Fund

Analysis

Help Me Housing Development Fund is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in November 1983, 43 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 December 2023, Help Me Housing Development Fund reported income of $504k and spending of $413k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $458k to $504k (+9.9%), an average of +2.4% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Help Me Housing Development Fund sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Washington Home of Your Own ($503k), Safehome Systems Inc ($504k) and Plano Community Home Phase III Inc ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. At year end it held assets of $499k against liabilities of $466k, net assets of $34k.