Steepleview Housing Development Fund Company Inc

Analysis

Steepleview Housing Development Fund Company Inc is a registered charity in United States, based in Derby, NY. It received its IRS tax-exemption ruling in June 1984, 42 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, Steepleview Housing Development Fund Company Inc reported income of $197k and spending of $175k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $197k (+29%), an average of +6.6% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Steepleview Housing Development Fund Company Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Cape Fear Network of Baptist Churches ($197k), Capitol Square Renovation Foundation Inc ($197k) and Illinois Pirg Education Fund ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 90% of the total. Other salaries and wages came to $37k. At year end it held assets of $262k against liabilities of $503k, net assets of -$241k. It reported 3 employees.