Casa & Clinton Housing Development Fund Corporation

Analysis

Casa & Clinton Housing Development Fund Corporation is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in January 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Casa & Clinton Housing Development Fund Corporation reported income of $1.0m and spending of $1.3m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $933k to $1.0m (+8.8%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa & Clinton Housing Development Fund Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include NHDC Sandpiper Village Apartments Inc ($1.0m), Parker Personal Care Inc ($1.0m) and St Boniface Gardens Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $5.3m against liabilities of $5.8m, net assets of -$482k.