Nativity Housing Development Fund Company Inc

Analysis

Nativity Housing Development Fund Company Inc is a registered charity in United States, based in Lackawanna, NY. It received its IRS tax-exemption ruling in December 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nativity Housing Development Fund Company Inc reported income of $107k and spending of $99k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $107k (-0.6%), an average of -0.6% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nativity Housing Development Fund Company Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Ken-Crest Housing Pa 2009 Inc ($107k), Holy Trinity Apartments Inc ($107k) and Woodbridge Affordable Housing Corp ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $216k against liabilities of $367k, net assets of -$152k.