Wilton Housing Development Fund Corporation

Analysis

Wilton Housing Development Fund Corporation is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in November 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 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 December 2023, Wilton Housing Development Fund Corporation reported income of $719k and spending of $613k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $622k to $719k (+16%), an average of +3.7% a year. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wilton Housing Development Fund Corporation sits at the 66th percentile: it is larger than about 66% 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 Holy Ground Shelter for Homeless ($719k), West Jackson Community Development ($719k) and Wellington Community Housing ($719k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 92% of the total. Other salaries and wages came to $31k. At year end it held assets of $2.9m against liabilities of $2.0m, net assets of $872k.