Daughters of Sarah Housing Company Inc

Analysis

Daughters of Sarah Housing Company Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Daughters of Sarah Housing Company Inc reported income of $4.7m and spending of $3.6m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $4.7m (+7.0%), an average of +1.7% a year. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Daughters of Sarah Housing Company Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Olympic Peninsula Young Mens Christian Assn ($4.7m), Progresso Latino ($4.7m) and 3 Way Thrift Store Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $151k (4.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $14.2m against liabilities of $487k, net assets of $13.7m. It reported 109 employees.