Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co

Analysis

Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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 June 2023, Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co reported income of $669k and spending of $669k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $669k to $669k (+0.0%), an average of +0.0% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Chase City Rescue Squad Inc ($669k), Louisiana Guardianship Services Inc ($669k) and Toms River Nursery School ($669k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $9.4m against liabilities of $5.2m, net assets of $4.2m.