202 West 108 Street Housing Development Fund Company Inc

Analysis

202 West 108 Street Housing Development Fund Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2008, 18 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 June 2023, 202 West 108 Street Housing Development Fund Company Inc reported income of $90k and spending of $242k, spending 267% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $80k to $90k (+13%), an average of +3.1% a year. Over the whole period it spent 236% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 202 West 108 Street Housing Development Fund Company Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Inshuti of Rwanda Incorporated ($90k), Toivola-Meadowlands Development Board Inc ($91k) and Hope Haven Transitional Housing Inc ($90k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $1.1m against liabilities of $465k, net assets of $670k.

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.