Central Delaware HFH
Analysis
Central Delaware HFH is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in February 2010, 16 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, Central Delaware HFH reported income of $3.4m and spending of $2.5m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.4m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 51%. 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, Central Delaware HFH sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within DE. Charities of a similar size with the same main cause include Rock Island Housing Finance Corporation ($3.4m), Seneca Towers Inc ($3.4m) and Heartland Independent Living Center ($3.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. Other salaries and wages came to $887k. At year end it held assets of $10.2m against liabilities of $1.2m, net assets of $9.0m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 42%
- Other 4.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rock Island Housing Finance Corporation | East Moline | $3.4m |
| Seneca Towers Inc | Rochester | $3.4m |
| Heartland Independent Living Center | Owensville | $3.4m |
| Alliance for Children and Families Inc | Alliance | $3.4m |