Yonkers Community Housing Development Organization Inc

Analysis

Yonkers Community Housing Development Organization Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in February 2013, 13 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 December 2023, Yonkers Community Housing Development Organization Inc reported income of $82k and spending of $82k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $280k to $82k (-71%), an average of -34% a year. The sharpest change came in the year to December 2021, when income dropped by 79%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Yonkers Community Housing Development Organization Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Rose-Arc Housing Inc ($82k), First Rock Baptist Church Foundation Incorporated ($82k) and Fair Housing Advocates Association Inc ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,361 against liabilities of $17k, net assets of -$10k.