E C Housing Development Fund Company Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves
E C Housing Development Fund Company Inc is a 501(c)(3) organization based in Bronx, New York, registered in 1982, with $2,089,746 in FY2024 revenue. CharityIndex grades it D.
7 Southern Blvd, Bronx, NY, 10460 EIN 13-3121459 Since 1982
Revenue (FY2024)
$2.1M
▼ 4.3% vs prior year
Expenses (FY2024)
$2.9M
Net assets
-$5.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for E C Housing Development Fund Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -37% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For E C Housing Development Fund Company Inc: 0 mo reserves · -37% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for E C Housing Development Fund Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For E C Housing Development Fund Company Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from -$77K (FY2013) to $2.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7.8MNet assets -$5.5M
Operating margin
-37.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$7.8M
Net assets
-$5.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,089,746▼4.3% | $2,862,748▲28.3% | -$5,528,695▼16.3% | $2,311,196▼16.9% | 990 |
| 2023 | $2,182,834▼5.4% | $2,231,651▼16.8% | -$4,755,693▼1.0% | $2,780,041▼4.1% | 990 |
| 2022 | $2,308,362▲13.3% | $2,681,238▲21.7% | -$4,706,876▼8.6% | $2,898,514▼0.9% | 990 |
| 2021 | $2,036,769▲1320% | $2,203,383 | -$4,334,000▼4.0% | $2,924,814▲1.3% | 990 |
| 2020 | -$166,954▼110% | $0 | -$4,167,386▼4.2% | $2,887,961▼2.2% | 990 |
| 2019 | -$79,401▲24.7% | $0 | -$4,000,432▼2.0% | $2,954,217▼1.8% | 990 |
| 2018 | -$105,457▼30.2% | $0 | -$3,921,033▼2.8% | $3,008,769▼8.3% | 990 |
| 2017 | -$81,012▲54.3% | $0 | -$3,815,576▼2.2% | $3,280,197▼5.9% | 990 |
| 2016 | -$177,401▼80.2% | $0 | -$3,734,564▼5.0% | $3,486,910▼12.2% | 990 |
| 2015 | -$98,441▼27.3% | $0 | -$3,557,163▼5.2% | $3,970,323▼8.4% | 990 |
| 2013 | -$77,310 | $0 | -$3,380,101▼2.3% | $4,336,068▼4.3% | 990 |
| 2012 | — | $0 | -$3,302,791 | $4,531,882 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is E C Housing Development Fund Company Inc a legitimate nonprofit?
- Yes. E C Housing Development Fund Company Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3121459, based in Bronx, New York. Donations are tax-deductible.
- What is E C Housing Development Fund Company Inc's EIN?
- E C Housing Development Fund Company Inc's Employer Identification Number (EIN) is 13-3121459.
- How much revenue does E C Housing Development Fund Company Inc report?
- E C Housing Development Fund Company Inc reported $2,089,746 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does E C Housing Development Fund Company Inc have?
- CharityIndex grades E C Housing Development Fund Company Inc D, based on financial health (reserves and operating margin).
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Data for E C Housing Development Fund Company Inc (EIN 13-3121459) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.