North General AIDS Housing Development Fund Corporation

Analysis

North General AIDS Housing Development Fund Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North General AIDS Housing Development Fund Corporation reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $911k to $1.3m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, North General AIDS Housing Development Fund Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Rebuilding Together Sacramento ($1.3m), Tioga Presbyterian Apartments Inc ($1.3m) and Peers Housing Association ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $3.1m against liabilities of $4.2m, net assets of -$1.1m.