Copenhagen Hapy Achers Housing

Analysis

Copenhagen Hapy Achers Housing is a registered charity in United States, based in Lowville, NY. It received its IRS tax-exemption ruling in February 1994, 32 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 October 2023, Copenhagen Hapy Achers Housing reported income of $132k and spending of $118k, spending 89% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $109k to $132k (+21%), an average of +4.8% a year. The sharpest change came in the year to October 2023, when income rose by 21%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Copenhagen Hapy Achers Housing sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include The Helicon Foundation Inc ($132k), Deuel County Memorial Hospital ($132k) and Iglesia Del Senor Jesucristo En Las Americas ($132k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $134k against liabilities of $102k, net assets of $32k.