Bucks County Housing Development Corporation

Analysis

Bucks County Housing Development Corporation is a registered charity in United States, based in Fallsington, PA. It received its IRS tax-exemption ruling in March 2016, 10 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, Bucks County Housing Development Corporation reported income of $170k and spending of $191k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $170k (+7.2%), an average of +1.8% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bucks County Housing Development Corporation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Hideaway Community ($170k), Independent Order of Odd Fellows ($170k) and D H Incorporated ($170k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Other salaries and wages came to $99k. At year end it held assets of $6.5m against liabilities of $3.6m, net assets of $3.0m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.