Webster Park Avenue HDFC

Analysis

Webster Park Avenue HDFC is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 2009, 17 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Webster Park Avenue HDFC reported income of $467k and spending of $405k, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $454k to $467k (+2.7%), an average of +0.5% a year. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Webster Park Avenue HDFC sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Former Texas Rangers Foundation ($467k), Darkhorse Lodge Inc ($467k) and Home Builders Care Foundation Inc ($467k).

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 $3.2m against liabilities of $5.1m, net assets of -$1.9m.