2249 Webster Avenue HDFC

Analysis

2249 Webster Avenue HDFC is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 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, 2249 Webster Avenue HDFC reported income of $344k and spending of $354k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $308k to $344k (+12%), an average of +2.3% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 2249 Webster Avenue HDFC sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include William S Davies Homeless Shelter Inc ($344k), Sarah Simpson Gossett Home Inc ($345k) and Drachma Housing Inc ($344k).

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 $710k against liabilities of $52k, net assets of $658k.