Coxsackie Housing Development Fund Inc

Analysis

Coxsackie Housing Development Fund Inc is a registered charity in United States, based in W Coxsackie, NY. It received its IRS tax-exemption ruling in September 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 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, Coxsackie Housing Development Fund Inc reported income of $114k and spending of $132k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $13k to $114k (+798%), an average of +73% a year. The sharpest change came in the year to December 2020, when income rose by 612%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Coxsackie Housing Development Fund Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Radical Hospitality ($114k), Womens Council of Nareb Inc ($114k) and Oak Hills Senior Housing Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $14k. At year end it held assets of $1.6m against liabilities of $638k, net assets of $1.0m.

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.