Washington Ave H D F C

Analysis

Washington Ave H D F C is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in November 1996, 30 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, Washington Ave H D F C reported income of $747k and spending of $627k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $644k to $747k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Washington Ave H D F C sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Will Wood VIII ($746k), Pulaski County Neighborhood Alliance for Habitat ($747k) and Boynton Beach Faith Based Community Dev Corp ($746k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. At year end it held assets of $2.0m against liabilities of $154k, net assets of $1.8m.