Son House Housing Development Fund Company Inc

Analysis

Son House Housing Development Fund Company Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Son House Housing Development Fund Company Inc reported income of $290k and spending of $372k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $290k (+11%), an average of +2.7% a year. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Son House Housing Development Fund Company Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include New Canaan Volunteer Ambulance Corps Inc ($290k), Baras Foundation ($290k) and Oak Park Festival Theatre ($290k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 69% of the total. At year end it held assets of $3.2m against liabilities of $3.7m, net assets of -$525k.

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.