Fulton Plaza Housing Development Fund Corporation

Analysis

Fulton Plaza Housing Development Fund Corporation is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in July 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, Fulton Plaza Housing Development Fund Corporation reported income of $587k and spending of $680k, spending 116% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $573k to $587k (+2.5%), an average of +0.5% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fulton Plaza Housing Development Fund Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Lower Muscogee Creek Tribe East of the Mississippi Inc ($587k), Baptist Foundation of New England Inc ($587k) and Third City Community Clinic Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.5m against liabilities of $777k, net assets of $1.7m.