Three West Housing Development Fund Company Inc

Analysis

Three West 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 June 1995, 31 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 June 2023, Three West Housing Development Fund Company Inc reported income of $220k and spending of $195k, spending 89% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $207k to $220k (+6.3%), an average of +3.1% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Three West Housing Development Fund Company Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Dana Point Womens Club Inc ($220k), Mater Filius Queen City Inc ($220k) and Lotus Community Project Inc ($220k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $1.1m against liabilities of $1.3m, net assets of -$188k.