Greater Rochester Housing Partnership Inc

Analysis

Greater Rochester Housing Partnership Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in November 1991, 35 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 (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, Greater Rochester Housing Partnership Inc reported income of $1.4m and spending of $583k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $609k to $1.4m (+122%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Rochester Housing Partnership Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Prairie Tower Inc ($1.4m), Corporation for Urban Home Ownership of New Haven ($1.4m) and Trucare Transformation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $289k (50% of expenses). Other salaries and wages came to $76k. At year end it held assets of $11.5m against liabilities of $354k, net assets of $11.2m. It reported 5 employees.