Travelers Rest Housing Development Fund Company Inc

Analysis

Travelers Rest Housing Development Fund Company Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2015, 11 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, Travelers Rest Housing Development Fund Company Inc reported income of $149k and spending of $155k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $129k to $149k (+16%), an average of +5.0% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Travelers Rest Housing Development Fund Company Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Holly Way II Inc ($149k), CBC Support Services Housing Development Fund Corporation ($149k) and Groveton Housing Corporation ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $392k against liabilities of $574k, net assets of -$182k.