Fowler Housing Development Fund Company Inc

Analysis

Fowler Housing Development Fund Company Inc is a registered charity in United States, based in Ogdensburg, NY. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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 December 2023, Fowler Housing Development Fund Company Inc reported income of $129k and spending of $120k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $129k (+15%), an average of +15% 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, Fowler Housing Development Fund Company Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Old Deerfield Nursery School Inc Memorial St ($129k), Matawan-Aberdeen First Aid Squad ($129k) and Corner Stone Church of God ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $202k against liabilities of $590k, net assets of -$388k.