NCR of Queensbury Housing Development Fund Co

Analysis

NCR of Queensbury Housing Development Fund Co is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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 August 2024, NCR of Queensbury Housing Development Fund Co reported income of $461k and spending of $342k, leaving 26% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $247k to $461k (+87%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, NCR of Queensbury Housing Development Fund Co sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Hope Inc ($461k), Sunrise Bluff Estates Inc ($461k) and Charleroi Sportsmens Association ($461k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 61% and program service revenue 36% of the total. At year end it held assets of $1.1m against liabilities of $2.0m, net assets of -$872k.