Providence State Street Housing Development Fund Company Inc

Analysis

Providence State Street Housing Development Fund Company Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Providence State Street Housing Development Fund Company Inc reported income of $243k and spending of $138k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $243k (-0.2%), an average of +-0.0% a year. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Providence State Street Housing Development Fund Company Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Providence Family Life Center ($243k), Joel Fund ($243k) and Advance Resource Recovery Corporation NFP ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $3.0m against liabilities of $2.4m, net assets of $600k.