Prince Hall Housing Development Fund Company Inc

Analysis

Prince Hall Housing Development Fund Company Inc is a registered charity in United States, based in Suffern, NY. It received its IRS tax-exemption ruling in January 1985, 41 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 August 2023, Prince Hall Housing Development Fund Company Inc reported income of $393k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $326k to $393k (+21%), an average of +4.8% a year. Over the whole period it spent 0.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Prince Hall Housing Development Fund Company Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Wharf Road Manor Homeowners Association Inc ($393k), Naperville Responds for Our Veterans ($393k) and Habitat for Humanity International Inc ($392k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8.7m against liabilities of $5,258, net assets of $8.7m.