CBC Support Services Housing Development Fund Corporation

Analysis

CBC Support Services Housing Development Fund Corporation is a registered charity in United States, based in Valley Stream, NY. It received its IRS tax-exemption ruling in May 2007, 19 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, CBC Support Services Housing Development Fund Corporation reported income of $149k and spending of $159k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $149k (-0.1%), an average of +-0.0% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CBC Support Services Housing Development Fund Corporation 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 Travelers Rest Housing Development Fund Company Inc ($149k), A Phillips Square ($149k) and Holly Way II Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $956k against liabilities of $1.0m, net assets of -$83k.