H S C No 6 Housing Development Fund Company Inc
Analysis
H S C No 6 Housing Development Fund Company Inc is a registered charity in United States, based in Greenlawn, NY. It received its IRS tax-exemption ruling in April 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2024, H S C No 6 Housing Development Fund Company Inc reported income of $335k and spending of $455k, spending 136% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $334k to $335k (+0.2%), an average of +0.1% a year. The sharpest change came in the year to July 2022, when income rose by 37%. Over the whole period it spent 113% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, H S C No 6 Housing Development Fund Company Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Team 9 Home Care ($335k), Momentum Housing Inc ($335k) and James E L Moore Housing Inc ($335k).
On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $2.4m against liabilities of $3.8m, net assets of -$1.5m. It reported 1 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Team 9 Home Care | Old Hickory | $335k |
| Momentum Housing Inc | Alexandria | $335k |
| James E L Moore Housing Inc | Washington | $335k |
| Diamond Sunrise Corp | Denver | $335k |