United Services Housing Development Fund Corporation

Analysis

United Services Housing Development Fund Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, United Services Housing Development Fund Corporation reported income of $707k and spending of $832k, spending 118% of what it took in. The sharpest change came in the year to June 2021, when income rose by 21812%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, United Services Housing Development Fund Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Hope of Evansville Inc ($707k), Edward Kline Memorial Homeless Veterans Fund ($708k) and Gamelin Washington Association ($707k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $476k. At year end it held assets of $7.3m against liabilities of $343k, net assets of $7.0m.