4-12 Gouverneur Place Housing Development Fund Corporation

Analysis

4-12 Gouverneur Place Housing Development Fund Corporation is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in May 2011, 15 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, 4-12 Gouverneur Place Housing Development Fund Corporation reported income of $756k and spending of $304k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $756k to $756k (+0.0%), an average of +0.0% a year. Over the whole period it spent 44% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 4-12 Gouverneur Place Housing Development Fund Corporation sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Jacobs Place ($756k), Will Woods VII ($756k) and North Capitol at Plymouth Inc ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $12.0m against liabilities of $8.5m, net assets of $3.6m.