Stoneleigh Housing Development Fund Co Inc

Analysis

Stoneleigh Housing Development Fund Co Inc is a registered charity in United States, based in Canastota, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Stoneleigh Housing Development Fund Co Inc reported income of $872k and spending of $766k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $792k to $872k (+10%), an average of +2.4% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stoneleigh Housing Development Fund Co Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Reno Rodeo Foundation ($872k), Bargain Box ($872k) and Montessori Discovery School Incorporated ($872k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $133k. At year end it held assets of $2.1m against liabilities of $2.2m, net assets of -$120k.