1807 Clinton Housing Development Fund Co Inc

Analysis

1807 Clinton Housing Development Fund Co Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, 1807 Clinton Housing Development Fund Co Inc reported income of $480k and spending of $758k, spending 158% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $465k to $480k (+3.4%), an average of +0.8% a year. Over the whole period it spent 144% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 1807 Clinton Housing Development Fund Co Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Sisu Refuge ($480k), Williamson County Youth Athletic Association ($480k) and Access to Meaningful Employment ($480k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $2.9m against liabilities of $6.3m, net assets of -$3.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.