Wsa Housing Development Fund Co

Analysis

Wsa Housing Development Fund Co is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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 June 2023, Wsa Housing Development Fund Co reported income of $123k and spending of $9,684, leaving 92% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $107k to $123k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 4.2% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wsa Housing Development Fund Co sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Boy Scouts of America ($123k), Baker County Education Foundation Inc ($123k) and Lakota Ambulance Service Inc ($123k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.