142 Ludlow Street Housing Development Fund Company Inc

Analysis

142 Ludlow Street Housing Development Fund Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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, 142 Ludlow Street Housing Development Fund Company Inc reported income of $96k and spending of $135k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $96k (+0.0%), an average of +0.0% a year. Over the whole period it spent 166% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 142 Ludlow Street Housing Development Fund Company Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($96k), American Chemical Society ($96k) and Bike Delaware ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $196k against liabilities of $1.5m, net assets of -$1.3m.