Long Island Housing Partnership Community Development Financial in

Analysis

Long Island Housing Partnership Community Development Financial in is a registered charity in United States, based in Hauppauge, NY. It received its IRS tax-exemption ruling in June 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, Long Island Housing Partnership Community Development Financial in reported income of $223k and spending of $16k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $17k to $223k (+1180%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 402%. Over the whole period it spent 50% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Long Island Housing Partnership Community Development Financial in sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Franklin Senior Housing Inc ($223k), Allesandro Housing 811-01 ($223k) and Mekkah a Morings Housing Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $1.4m against liabilities of $325k, net assets of $1.1m.