Notre Dame Housing Development Fund Company Inc

Analysis

Notre Dame Housing Development Fund Company Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 1986, 40 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, Notre Dame Housing Development Fund Company Inc reported income of $1.7m and spending of $2.0m, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $1.7m (+9.5%), an average of +2.3% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Notre Dame Housing Development Fund Company Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Tenants to Homeowners Inc ($1.7m), Galilee Mission to Fishermen Inc ($1.7m) and Miriams House Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $133k. At year end it held assets of $3.3m against liabilities of $6.2m, net assets of -$2.9m. It reported 4 employees.