Rochester Housing Charities Inc

Analysis

Rochester Housing Charities Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Rochester Housing Charities Inc reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.2m (+4.3%), an average of +1.4% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rochester Housing Charities Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Mhany 2002 Housing Development Fund Corporation ($1.2m), Housing Support Inc ($1.2m) and The Jewish Home and Healthcare Center Inc ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $87k (6.6% of expenses). Other salaries and wages came to $163k. At year end it held assets of $5.6m against liabilities of $334k, net assets of $5.3m. It reported 5 employees.