Tri-County HDC Ltd

Analysis

Tri-County HDC Ltd is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in December 1990, 36 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, Tri-County HDC Ltd reported income of $2.5m and spending of $2.4m, spending 98% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $1.3m to $2.5m (+92%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 317%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tri-County HDC Ltd sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Caritas Communities Holdings Inc ($2.5m), Neighborhood Housing Services of Brooklyn CDC Inc ($2.5m) and Ohio Capital Impact Corporation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $121k (4.9% of expenses). Other salaries and wages came to $74k. At year end it held assets of $4.4m against liabilities of $3.3m, net assets of $1.1m. It reported 2 employees.