50-60 Kosciuzko Street Housing Development Fund Company Inc

Analysis

50-60 Kosciuzko Street Housing Development Fund Company Inc 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, 50-60 Kosciuzko Street Housing Development Fund Company Inc reported income of $55k and spending of $57k, spending 104% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $55k to $55k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to March 2022, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 50-60 Kosciuzko Street Housing Development Fund Company Inc 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 22nd percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Friends of the Children Inc ($55k), Junior Auxiliary of Vicksburg Ms Inc ($55k) and Animal Life Line Corporation Inc ($55k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $4,030. At year end it held assets of $350k against liabilities of $6,391, net assets of $344k.