Hammond Housing Development Fund Company Inc

Analysis

Hammond Housing Development Fund Company Inc is a registered charity in United States, based in Hammond, NY. It received its IRS tax-exemption ruling in February 1993, 33 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, Hammond Housing Development Fund Company Inc reported income of $112k and spending of $95k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $112k (-0.5%), an average of -0.5% 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, Hammond Housing Development Fund Company Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Revere Band Parents Association ($112k), Friends of the L E Phillips Memorial Public Library Inc ($112k) and North High Athletic Booster Club Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $435k against liabilities of $348k, net assets of $86k.