Oriskany Falls Housing Development Fund

Analysis

Oriskany Falls Housing Development Fund is a registered charity in United States, based in Oriskany Falls, NY. It received its IRS tax-exemption ruling in August 1990, 36 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 August 2023, Oriskany Falls Housing Development Fund reported income of $433k and spending of $439k, spending 101% of its income. Across the 4 years on record, from August 2020 to August 2023, income fell from $458k to $433k (-5.5%), an average of -1.9% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oriskany Falls Housing Development Fund sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Passinart a Theatre Company ($433k), New Eyes for the Needy Inc ($433k) and Marathon Area Swim Association Inc ($433k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $94k. At year end it held assets of $823k against liabilities of $1.8m, net assets of -$977k.