Elizabeth Seton Housing Development Fund Corporation

Analysis

Elizabeth Seton Housing Development Fund Corporation is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in October 1991, 35 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, Elizabeth Seton Housing Development Fund Corporation reported income of $263k and spending of $313k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $291k to $263k (-9.8%), an average of -2.5% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Elizabeth Seton Housing Development Fund Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Roosevelt Park Association Inc ($263k), Blackbelt & Central Alabama Housing Authority ($263k) and A Place of Hope North Ga Inc ($262k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 103% of the total. Other salaries and wages came to $26k. At year end it held assets of $926k against liabilities of $192k, net assets of $733k.