Geneva General Housing Development Fund Company Inc

Analysis

Geneva General Housing Development Fund Company Inc is a registered charity in United States, based in Geneva, NY. It received its IRS tax-exemption ruling in August 1987, 39 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 December 2023, Geneva General Housing Development Fund Company Inc reported income of $574k and spending of $595k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $551k to $574k (+4.2%), an average of +1.0% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Geneva General Housing Development Fund Company Inc 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 1270 Pacific Housing Development Fund Corporation ($574k), Community Life Skills Agency ($574k) and Assisi Homes - Lasalle Manor Inc ($574k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $112k. At year end it held assets of $1.9m against liabilities of $1.7m, net assets of $195k.