Yagdil Housing Inc

Analysis

Yagdil Housing Inc is a registered charity in United States, based in South Fallsburg, NY. It received its IRS tax-exemption ruling in January 1977, 49 years ago. 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, Yagdil Housing Inc reported income of $445k and spending of $444k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $445k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yagdil Housing Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($445k), Fairbanks Arts Association 483 ($445k) and Volunteers of America Inc ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $2.6m against liabilities of $2.0m, net assets of $539k.