301 Housing Development Fund Corporation

Analysis

301 Housing Development Fund Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, 301 Housing Development Fund Corporation reported income of $239k and spending of $342k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $239k (+8.7%), an average of +2.1% a year. Over the whole period it spent 98% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, 301 Housing Development Fund Corporation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Clatsop Casa Program Inc ($239k), Casa of Northeast Tennessee ($239k) and Write-Way Prison Ministries Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $96k against liabilities of $129k, net assets of -$33k.