Rivington Housing Development Fund Company

Analysis

Rivington Housing Development Fund Company is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Rivington Housing Development Fund Company reported income of $264k and spending of $236k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $264k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Rivington Housing Development Fund Company sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Intercommunity Justice and Peace Center ($264k), River Ranch Educational Charities ($264k) and St Croix Valley Restorative Services Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $2.0m against liabilities of $1.9m, net assets of $68k.