Oswego Housing Development Council Inc

Analysis

Oswego Housing Development Council Inc is a registered charity in United States, based in Fulton, NY. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oswego Housing Development Council Inc reported income of $376k and spending of $342k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $286k to $376k (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oswego Housing Development Council Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Northern Lights Alliance for the Homeless Inc ($376k), St Johns Mannor ($376k) and Maple Lake Housing Development Corporation ($376k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 11% of the total. Other salaries and wages came to $82k. At year end it held assets of $258k against liabilities of $11k, net assets of $246k. It reported 4 employees.