2428 Beaumont Avenue HDFC Inc

Analysis

2428 Beaumont Avenue HDFC Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 2001, 25 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 December 2023, 2428 Beaumont Avenue HDFC Inc reported income of $247k and spending of $212k, spending 86% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $219k to $247k (+13%), an average of +2.4% a year. Over the whole period it spent 69% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 2428 Beaumont Avenue HDFC Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Visitation House Ministries ($247k), Unseen Heroes for Creative Community Development ($248k) and Murfreesboro Cold Patrol Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $855k against liabilities of $57k, net assets of $798k.