Washington House Housing Development Fund Corporation

Analysis

Washington House Housing Development Fund Corporation is a registered charity in United States, based in Tarrytown, NY. It received its IRS tax-exemption ruling in March 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Washington House Housing Development Fund Corporation reported income of $1.1m and spending of $36k, leaving 97% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $212k to $1.1m (+398%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 2266%. Over the whole period it spent 11% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Washington House Housing Development Fund Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Genesis Center North Texas Inc ($1.1m), Robert L Walker House Corporation ($1.1m) and Hands of Hope Resources for Homeless Families ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $17.6m against liabilities of $0, net assets of $17.6m.