Conroy Housing Development Fund Inc

Analysis

Conroy Housing Development Fund Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Conroy Housing Development Fund Inc reported income of $93k and spending of $154k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $93k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Conroy Housing Development Fund Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Sanctuary of Unborn Life Corp ($93k), Essex-Dorsey Senior Center ($93k) and Volunteer and Information Center Inc ($93k).

At year end it held assets of $1.4m against liabilities of $1.7m, net assets of -$286k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.