Fort Hudson Residences Inc

Analysis

Fort Hudson Residences Inc is a registered charity in United States, based in Fort Edward, NY. It received its IRS tax-exemption ruling in November 1999, 27 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 December 2023, Fort Hudson Residences Inc reported income of $981k and spending of $722k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $937k to $981k (+4.7%), an average of +1.2% a year. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fort Hudson Residences Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Faulding Hotel Inc ($981k), Whatcom-Skagit Housing ($981k) and Champions Community Foundation Inc ($981k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $822k against liabilities of $114k, net assets of $708k.