Actors Fund Housing Development Corporation

Analysis

Actors Fund Housing Development Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2011, 15 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, Actors Fund Housing Development Corporation reported income of $18.2m and spending of $4.0m, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $18.2m (+392%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 573%. Over the whole period it spent 58% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Actors Fund Housing Development Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Westminster Pines Inc ($18.1m), Nashville Rescue Mission ($18.2m) and Quality Senior Housing Foundaton Inc ($18.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Other salaries and wages came to $281k. At year end it held assets of $31.1m against liabilities of $21.7m, net assets of $9.5m.