Housing Works Housing Development Fund Corporation

Analysis

Housing Works Housing Development Fund Corporation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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, Housing Works Housing Development Fund Corporation reported income of $360k and spending of $172k, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $309k to $360k (+16%), an average of +3.9% a year. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Housing Works Housing Development Fund Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Sav-A-Life Shelby Inc ($360k), Pop Warner Little Scholars Inc ($360k) and McHenry County Community Homes Inc ($360k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.2m against liabilities of $23k, net assets of $2.2m.