Heuvelton Development Corporation

Analysis

Heuvelton Development Corporation is a registered charity in United States, based in Heuvelton, NY. It received its IRS tax-exemption ruling in June 1991, 35 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, Heuvelton Development Corporation reported income of $237k and spending of $219k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $237k (+6.4%), an average of +1.6% a year. 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, Heuvelton Development Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Transportation Riders United Inc ($237k), American Chemical Society ($237k) and National Society of the Daughters of the American Revolution ($237k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $841k against liabilities of $170k, net assets of $670k.