16 Dutch Housing Development Fundcorp

Analysis

16 Dutch Housing Development Fundcorp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 16 Dutch Housing Development Fundcorp reported income of $583k and spending of $84k, leaving 86% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $262k to $583k (+122%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 1044%. Over the whole period it spent 52% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 16 Dutch Housing Development Fundcorp sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Benevolence Farm ($583k), Confederate Home and College ($583k) and Ozark Housing Development Inc ($583k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.