De Sales Assisted Living Development Corp

Analysis

De Sales Assisted Living Development Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, De Sales Assisted Living Development Corp reported income of $1.8m and spending of $1.4m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.8m (+1.0%), an average of +0.3% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, De Sales Assisted Living Development Corp sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include 138-152 W 143rd St Housing Developm Ent Fund Corporation ($1.8m), Mainstream Housing Inc ($1.8m) and Advocates of Ozaukee Inc ($1.8m).

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 $5.9m against liabilities of $8.7m, net assets of -$2.8m.