St Regis Housing Development Fund Corporation

Analysis

St Regis Housing Development Fund Corporation is a registered charity in United States, based in Malone, NY. It received its IRS tax-exemption ruling in June 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, St Regis Housing Development Fund Corporation reported income of $96k and spending of $108k, spending 112% of what it took in. Across the 4 years on record, from September 2019 to September 2022, income fell from $112k to $96k (-14%), an average of -4.8% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Regis Housing Development Fund Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Palms Manor ($96k), Middle Atlantic Regional Council of the National Association ($96k) and Hearts for Homes Inc ($96k).

On its Form 990 for the period ending September 2022, revenue came from program service revenue 98% of the total. Other salaries and wages came to $15k. At year end it held assets of $440k against liabilities of $21k, net assets of $418k.