163 West 170th Street HDFC

Analysis

163 West 170th Street 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, 163 West 170th Street HDFC reported income of $590k and spending of $533k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $565k to $590k (+4.3%), an average of +1.1% 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, 163 West 170th Street HDFC sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Kent Affordable Housing Inc ($590k), Community Homes of Lebanon County Inc ($590k) and Houston Chinese Senior Estate Inc ($589k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $2.7m against liabilities of $121k, net assets of $2.6m.