330 East Fourth Street Housing Development Fund Corporation

Analysis

330 East Fourth Street Housing Development Fund Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1990, 36 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 June 2023, 330 East Fourth Street Housing Development Fund Corporation reported income of $311k and spending of $196k, leaving 37% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 702%. Over the whole period it spent 175% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 330 East Fourth Street Housing Development Fund Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Ncar Housing Opportunity Foundation ($311k), Open Arms Development Corporation ($311k) and 2246 Webster Avenue HDFC ($311k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $2.3m against liabilities of $4.0m, net assets of -$1.6m.