Parkway Housing Development Fund Company Inc

Analysis

Parkway Housing Development Fund Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Parkway Housing Development Fund Company Inc reported income of $803k and spending of $821k, spending 102% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $782k to $803k (+2.7%), an average of +1.3% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Parkway Housing Development Fund Company Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Immokalee Fair Housing Alliance ($803k), Solitas House Inc ($804k) and Partners for Progress Inc ($802k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $4.5m against liabilities of $3.9m, net assets of $562k.