St Barnabas Housing Development Fund Corp

Analysis

St Barnabas Housing Development Fund Corp is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 1992, 34 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 December 2023, St Barnabas Housing Development Fund Corp reported income of $1.7m and spending of $1.5m, spending 91% of its income. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Barnabas Housing Development Fund Corp 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 Houston Heights Tower Service Corp ($1.7m), Eden Council for Hope and Opportunity ($1.7m) and Mount Nittany Residences Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $89k. At year end it held assets of $3.7m against liabilities of $8.9m, net assets of -$5.2m. It reported 4 employees.