NYC Partnership Housing Development Fund Company Inc

Analysis

NYC Partnership 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 June 1984, 42 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, NYC Partnership Housing Development Fund Company Inc reported income of $138k and spending of $286k, spending 207% of what it took in. The sharpest change came in the year to December 2023, when income dropped by 98%. Over the whole period it spent 20% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NYC Partnership Housing Development Fund Company Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Stanton Accessible Apartments ($138k), Park Ridge Apartments Inc ($138k) and Asi Alexandria Inc ($138k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. At year end it held assets of $6.6m against liabilities of $77k, net assets of $6.6m.