Schoharie County Housing Development Fund Co Inc

Analysis

Schoharie County Housing Development Fund Co Inc is a registered charity in United States, based in Cobleskill, NY. It received its IRS tax-exemption ruling in March 1994, 32 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 (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, Schoharie County Housing Development Fund Co Inc reported income of $438k and spending of $440k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $438k (+12%), an average of +2.9% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Schoharie County Housing Development Fund Co Inc sits at the 54th percentile: it is larger than about 54% 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 Neighborhood Housing Services of Stamford Inc ($438k), Rebuilding Together North Jersey Inc ($438k) and National Church Residences of ($438k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Other salaries and wages came to $42k. At year end it held assets of $1.1m against liabilities of $1.3m, net assets of -$247k.