Bailey-Holt House Housing Development Fund Corporation

Analysis

Bailey-Holt House Housing Development Fund Corporation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bailey-Holt House Housing Development Fund Corporation reported income of $167k and spending of $131k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $172k to $167k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to June 2021, when income rose by 1618%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bailey-Holt House Housing Development Fund Corporation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Break Barriers Foundation Inc ($167k), San Diego Kind Corp ($167k) and Helping Hands Grateful Hearts Inc ($167k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19.1m against liabilities of $19.1m, net assets of $47k.