PHF Housing Development Fund Company Inc

Analysis

PHF Housing Development Fund Company Inc is a registered charity in United States, based in West Nyack, NY. It received its IRS tax-exemption ruling in August 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 December 2023, PHF Housing Development Fund Company Inc reported income of $444k and spending of $1,500, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $444k (+47%), an average of +10% a year. Over the whole period it spent 0.7% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PHF Housing Development Fund Company Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Union of the Vietnamese Student Assoc Southern California ($444k), Apollo Chamber Players ($444k) and American Contract Bridge League Educational Foundation ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.