Huntington Senior Citizens Housing Development Fund Co Inc

Analysis

Huntington Senior Citizens Housing Development Fund Co Inc is a registered charity in United States, based in Greenlawn, NY. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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, Huntington Senior Citizens Housing Development Fund Co Inc reported income of $157k and spending of $851k, spending 543% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $324k to $157k (-52%), an average of -17% a year. The sharpest change came in the year to December 2023, when income rose by 1045%. Over the whole period it spent 650% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Huntington Senior Citizens Housing Development Fund Co Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include PTA Colorado Congress ($157k), Foothill Grace Classical Academy ($157k) and Edward S and Josephine Wendorf Foundation ($157k).

At year end it held assets of $4.2m against liabilities of $851k, net assets of $3.3m.

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.