Federation Housing Foundation Inc

Analysis

Federation Housing Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Federation Housing Foundation Inc reported income of $1.4m and spending of $282k, leaving 79% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $148k to $1.4m (+826%), an average of +110% a year. The sharpest change came in the year to August 2021, when income rose by 278%. Over the whole period it spent 26% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Federation Housing Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Occf Supporting Organization ($1.4m), Bridges Community Resource Network Inc ($1.4m) and Hale Family Foundation ($1.4m).

Other salaries and wages came to $37k. At year end it held assets of $38.6m against liabilities of $0, net assets of $38.6m. It reported 2 employees.