Helen Hill Housing Development Fund Company Inc

Analysis

Helen Hill Housing Development Fund Company Inc is a registered charity in United States, based in Saranac Lake, NY. It received its IRS tax-exemption ruling in August 2018, 8 years ago. 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, Helen Hill Housing Development Fund Company Inc reported income of $94k and spending of $137k, spending 147% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $96k to $94k (-2.2%), an average of -1.1% a year. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helen Hill Housing Development Fund Company Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Tree of Knowledge ($94k), Malin Community Service Club ($94k) and Little League Baseball Inc ($94k).

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 $1.2m against liabilities of $1.3m, net assets of -$88k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.