Orchard Housing Development Fund Company Inc

Analysis

Orchard Housing Development Fund Company Inc is a registered charity in United States, based in Catskill, NY. It received its IRS tax-exemption ruling in August 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, Orchard Housing Development Fund Company Inc reported income of $142k and spending of $193k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $142k (+5.9%), an average of +1.4% a year. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Orchard Housing Development Fund Company Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Newfound Riseup Fund ($142k), Alexander Apartments of Plant City Inc ($142k) and Freedom Housing Corporation ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. At year end it held assets of $886k against liabilities of $1.8m, net assets of -$893k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.