Sebco Vip Housing Development Fund Company Inc

Analysis

Sebco Vip Housing Development Fund Company Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 1994, 32 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, Sebco Vip Housing Development Fund Company Inc reported income of $386k and spending of $250, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $386k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 0.1% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sebco Vip Housing Development Fund Company Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include 35 Hansborough Affordable Housing Inc ($386k), Saint Elizabeth Terrace Warwick ($386k) and Two Valleys Community Land Trust ($386k).

At year end it held assets of $7.8m against liabilities of $14k, net assets of $7.8m.