Beulah Housing Development Fund Company Inc

Analysis

Beulah Housing Development Fund Company Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Beulah Housing Development Fund Company Inc reported income of $367k and spending of $207k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $376k to $367k (-2.4%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beulah Housing Development Fund Company Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Mission Barnabas International ($367k), Iglesia Luz de Salvacion de Aic Inc ($367k) and Well in Memory of the Sassoon Children Inc ($367k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 67% of the total. Other salaries and wages came to $147k. At year end it held assets of $3.5m against liabilities of $3,500, net assets of $3.5m. It reported 3 employees.