Uhab Housing Development Fund Corporation

Analysis

Uhab Housing Development Fund Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2003, 23 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, Uhab Housing Development Fund Corporation reported income of $110k and spending of $122k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $591k to $110k (-81%), an average of -34% a year. The sharpest change came in the year to June 2023, when income dropped by 53%. Over the whole period it spent 32% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Uhab Housing Development Fund Corporation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Southview Housing Corporation ($110k), Kiryas Joel Housing Development Fund Company Incorporated ($110k) and Cedar Bluff Senior Housing ($110k).

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 $7.0m against liabilities of $6.7m, net assets of $234k.