Catherine Street Housing Development Fund Company Inc

Analysis

Catherine Street 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 June 2023, Catherine Street Housing Development Fund Company Inc reported income of $337k and spending of $401k, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $352k to $337k (-4.2%), an average of -1.4% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catherine Street Housing Development Fund Company Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Wider Opportunities Inc ($337k), Mount St Marys Housing Development Fund Company Inc ($337k) and Society for the Study of Myth and Tradition Inc ($337k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $95k (24% of expenses). At year end it held assets of $653k against liabilities of $53k, net assets of $600k.