Miller Road Housing Development Fund Company Inc

Analysis

Miller Road Housing Development Fund Company Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in March 1946, 80 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 December 2023, Miller Road Housing Development Fund Company Inc reported income of $310k and spending of $231k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $310k (+11%), an average of +2.6% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miller Road Housing Development Fund Company Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Happy Paws Haven Co ($310k), The John E Christian Family Memorial Trust Inc ($310k) and Irish Football Boosters ($310k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $40k. At year end it held assets of $783k against liabilities of $872k, net assets of -$88k.