Delta Development of Western New York Inc

Analysis

Delta Development of Western New York Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1946, 80 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Delta Development of Western New York Inc reported income of $681k and spending of $610k, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $755k to $681k (-9.8%), an average of -2.6% a year. The sharpest change came in the year to August 2021, when income rose by 51%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Delta Development of Western New York Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Midland Community Housing Development Organization ($681k), BBCDC Inc ($681k) and Lutheran Housing Services 8 Non Profit Housing Corporation ($680k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $270k. At year end it held assets of $4.7m against liabilities of $1.9m, net assets of $2.8m. It reported 35 employees.