Hall Memorial Housing Corporation

Analysis

Hall Memorial Housing Corporation is a registered charity in United States, based in Clymer, NY. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Hall Memorial Housing Corporation reported income of $133k and spending of $129k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $133k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hall Memorial Housing Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Next Step Charitable Trust ($133k), New Life Community Center ($133k) and Boulder Building Block Fund ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 96% of the total. At year end it held assets of $344k against liabilities of $117k, net assets of $226k.