NCR of Ballston Spa Housing Development Fund Co Inc

Analysis

NCR of Ballston Spa Housing Development Fund Co Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 1982, 44 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, NCR of Ballston Spa Housing Development Fund Co Inc reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $908k to $1.1m (+17%), an average of +4.0% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, NCR of Ballston Spa Housing Development Fund Co Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Harry and Jeanette Weinberg House Inc ($1.1m), Puerto Rico Neighborhood Housing Services Corp ($1.1m) and Habitat for Humanity International Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. At year end it held assets of $3.2m against liabilities of $6.3m, net assets of -$3.1m.