Community Partners Housing Development Fund Corporation

Analysis

Community Partners Housing Development Fund Corporation is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 2014, 12 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 May 2023, Community Partners Housing Development Fund Corporation reported income of $416k and spending of $0, leaving 100% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $226k to $416k (+84%), an average of +23% a year. The sharpest change came in the year to May 2021, when income rose by 73%. Over the whole period it spent 0.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Partners Housing Development Fund Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Harveys Fellowship Home Inc ($416k), Centro Geriatrico LA Milagrosa ($417k) and Miracles Happen Recovery Residence Inc ($416k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $14.1m against liabilities of $0, net assets of $14.1m.