Federation of Organization Housing Development Progam 1 Inc

Analysis

Federation of Organization Housing Development Progam 1 Inc is a registered charity in United States, based in West Babylon, NY. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Federation of Organization Housing Development Progam 1 Inc reported income of $75k and spending of $126k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $90k to $75k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Federation of Organization Housing Development Progam 1 Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Hope for Hungry Kids ($75k), Vacaville Christmas Wish Inc ($75k) and North Texas Snap Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $2,803. At year end it held assets of $630k against liabilities of $135k, net assets of $494k.