Tioga County Property Development Corporation

Analysis

Tioga County Property Development Corporation is a registered charity in United States, based in Owego, NY. It received its IRS tax-exemption ruling in November 2017, 9 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, Tioga County Property Development Corporation reported income of $361k and spending of $340k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $339k to $361k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 522%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tioga County Property Development Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Esperanza-39th Street Partners Corporation ($361k), Riverside Plaza Two Inc ($361k) and Milwaukee Community Land Trust Ltd ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 164% of the total. At year end it held assets of $647k against liabilities of $419k, net assets of $229k.