Isladview Housing Development Fund Company Inc

Analysis

Isladview Housing Development Fund Company Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 1986, 40 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, Isladview Housing Development Fund Company Inc reported income of $388k and spending of $354k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $408k to $388k (-4.9%), an average of -1.2% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Isladview 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 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Carabetta Ctu Foundation Inc ($388k), West Klickitat Community Housing ($388k) and Family Housing Management Company Inc ($388k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $55k. At year end it held assets of $1.1m against liabilities of $1.4m, net assets of -$317k.