Chinatown Preservation Housing Development Fund Company Inc

Analysis

Chinatown Preservation Housing Development Fund Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 December 2023, Chinatown Preservation Housing Development Fund Company Inc reported income of $2.4m and spending of $2.7m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+12%), an average of +2.9% a year. Over the whole period it spent 114% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Chinatown Preservation Housing Development Fund Company Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Rockland County Pride Center Inc ($2.4m), Innocence Project New Orleans ($2.4m) and Darkness to Light ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $24.6m against liabilities of $27.6m, net assets of -$3.0m.

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.