Warren-Hamilton Housing Development

Analysis

Warren-Hamilton Housing Development is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 1988, 38 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 December 2023, Warren-Hamilton Housing Development reported income of $183k and spending of $137k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $167k to $183k (+9.3%), an average of +4.5% a year. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Warren-Hamilton Housing Development sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Aaa Elderly Housing-Heritage Court of Crossett Inc ($183k), Mt Washington Homes Inc ($183k) and Mesa Housing Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 32% of the total. Other salaries and wages came to $19k. At year end it held assets of $577k against liabilities of $695k, net assets of -$118k.