Whites Livery Housing Development Fund Company Inc

Analysis

Whites Livery Housing Development Fund Company Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 2017, 9 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, Whites Livery Housing Development Fund Company Inc reported income of $107k and spending of $185k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $107k (+11%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 179% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Whites Livery Housing Development Fund Company Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include New Horizons Plaza Inc ($107k), Harvest House Inc ($107k) and R-12 Recovery Ministries ($107k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. At year end it held assets of $2.5m against liabilities of $3.3m, net assets of -$814k.

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.