Shiloh 4 & 7 Housing Development Fund Corp

Analysis

Shiloh 4 & 7 Housing Development Fund Corp is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shiloh 4 & 7 Housing Development Fund Corp reported income of $1.1m and spending of $1.4m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 135% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shiloh 4 & 7 Housing Development Fund Corp sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Missouri Alliance of Ymcas ($1.1m), Camp Hanover Inc ($1.1m) and Jewish Family Service of Greater New Haven Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 61% of the total. Other salaries and wages came to $289k. At year end it held assets of $529k against liabilities of $296k, net assets of $233k.

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.