RJ Barrett Manor Housing Development Fund Co Inc

Analysis

RJ Barrett Manor Housing Development Fund Co 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. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, RJ Barrett Manor Housing Development Fund Co Inc reported income of $455k and spending of $526k, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $389k to $455k (+17%), an average of +4.0% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RJ Barrett Manor Housing Development Fund Co Inc 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 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Glendale Housing Development Corporation ($455k), H V Real Estate Holdings Inc ($455k) and Brighter Behavior Choices Inc NFP ($455k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.6m against liabilities of $27k, net assets of $1.6m.

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.