South Jefferson Housing Development Fund Co Inc

Analysis

South Jefferson Housing Development Fund Co Inc is a registered charity in United States, based in Adams, NY. It received its IRS tax-exemption ruling in September 1981, 45 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, South Jefferson Housing Development Fund Co Inc reported income of $567k and spending of $537k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $525k to $567k (+8.0%), an average of +2.6% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Jefferson Housing Development Fund Co Inc sits at the 60th percentile: it is larger than about 60% 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 Border Kindness ($567k), Saugatucket Springs Inc ($567k) and At Jacobs Well Inc ($566k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $141k. At year end it held assets of $2.0m against liabilities of $1.9m, net assets of $168k.