Stryker Housing Development Fund Co Inc

Analysis

Stryker Housing Development Fund Co Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in May 1992, 34 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 November 2023, Stryker Housing Development Fund Co Inc reported income of $983k and spending of $1.1m, spending 116% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $957k to $983k (+2.7%), an average of +0.7% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stryker Housing Development Fund Co Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Okaloosa Walton Homeless Continuum of Care Opportunity Inc ($983k), Abundant Housing LA Education Fund ($984k) and Men of Men Inc ($983k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $202k. At year end it held assets of $4.9m against liabilities of $4.5m, net assets of $352k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.