San Miguel Housing Development Fund Company Inc

Analysis

San Miguel Housing Development Fund Company Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 2018, 8 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, San Miguel Housing Development Fund Company Inc reported income of $408k and spending of $382k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $411k to $408k (-0.6%), an average of -0.1% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, San Miguel Housing Development Fund Company Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Lane Manor RHF Housing Inc ($408k), Michiana Benevolent Society Inc ($408k) and Concord Housing Development Corp ($408k).

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 $4.4m against liabilities of $4.5m, net assets of -$74k.