Haddonfield Housing Agency

Analysis

Haddonfield Housing Agency is a registered charity in United States, based in Haddonfield, NJ. It received its IRS tax-exemption ruling in January 2024, 2 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, Haddonfield Housing Agency reported income of $1.5m and spending of $131k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $1.5m (+1417%), an average of +1417% a year. The sharpest change came in the year to December 2023, when income rose by 1417%. Over the whole period it spent 8.7% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haddonfield Housing Agency sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Pittsburgh Housing Development Corporation ($1.5m), Newset II HDFC ($1.5m) and Almond Court Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.