Providence St Andrews Housing Development Fund Company Inc

Analysis

Providence St Andrews Housing Development Fund Company Inc is a registered charity in United States, based in Rochester, 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 December 2023, Providence St Andrews Housing Development Fund Company Inc reported income of $131k and spending of $195k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $131k (+15%), an average of +3.5% a year. Over the whole period it spent 151% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Providence St Andrews Housing Development Fund Company Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include McGregor Library Association Inc ($131k), Heartbeat of Morrow County Inc ($131k) and Parent Booster USA Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $743k against liabilities of $859k, net assets of -$116k.

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.