First Shiloh 202 Housing Corp

Analysis

First Shiloh 202 Housing Corp is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Shiloh 202 Housing Corp reported income of $445k and spending of $240k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $491k to $445k (-9.4%), an average of -2.4% a year. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, First Shiloh 202 Housing Corp sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Laurelwood Senior Housing Corporation ($445k), D Youville Elderly Housing Corporation ($445k) and Saint Joseph Village Corporation ($445k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 75% of the total. At year end it held assets of $844k against liabilities of $74k, net assets of $770k.