St Timothys Park Villa Housing Development Fund Company

Analysis

St Timothys Park Villa Housing Development Fund Company is a registered charity in United States, based in Buffalo, 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, St Timothys Park Villa Housing Development Fund Company reported income of $274k and spending of $333k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $292k to $274k (-6.1%), an average of -1.6% a year. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Timothys Park Villa Housing Development Fund Company sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Mount Moriah Senior Housing Inc ($274k), Impact Montana Incorporated ($274k) and Boylston Housing Inc ($274k).

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 $62k. At year end it held assets of $1.3m against liabilities of $44k, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.