K&l Housing Developement Fund Company Inc
Only null% goes to programs Thin reserves Growing revenue
K&l Housing Developement Fund Company Inc is a 501(c)(3) organization based in New York, New York, registered in 1997, with $1,157,184 in FY2024 revenue. CharityIndex grades it D.
2345 Broadway 2nd Floor, New York, NY, 10024 EIN 13-3957282 Since 1997
Revenue (FY2024)
$1.2M
▲ 12.3% vs prior year
Housing median: $408K
Expenses (FY2024)
$1.2M
Net assets
-$3.1M
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 K&l Housing Developement 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 · -4% 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 K&l Housing Developement Fund Company Inc: 0 mo reserves · -4% 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 K&l Housing Developement 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 K&l Housing Developement Fund Company Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2345 Broadway 2nd Floor, New York, NY, 10024
- City
- New York
- State
- New York
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue grew from $678K (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $6.8MNet assets -$3.1M
Operating margin
-4.0%
Spent more than it raised in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$6.8M
Net assets
-$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,157,184▲12.3% | $1,204,018▲0.1% | -$3,113,104▼1.5% | $3,682,653▲5.4% | 990 |
| 2023 | $1,030,295▲0.8% | $1,203,282▲5.4% | -$3,066,270▼6.0% | $3,493,925▼2.4% | 990 |
| 2022 | $1,022,266▲8.0% | $1,141,098▼6.8% | -$2,893,283▼4.3% | $3,580,864▼3.1% | 990 |
| 2021 | $946,486▲9.3% | $1,224,776▲13.4% | -$2,774,451▼11.1% | $3,695,642▼3.0% | 990 |
| 2020 | $866,081▲11.7% | $1,079,745▲13.0% | -$2,496,161▼8.9% | $3,810,192▼3.9% | 990 |
| 2019 | $775,365▼0.3% | $955,275▼0.9% | -$2,291,896▼8.5% | $3,964,015▼3.3% | 990 |
| 2018 | $777,925▲0.3% | $963,516▲1.5% | -$2,111,987▼9.6% | $4,100,210▼3.2% | 990 |
| 2017 | $775,782▲0.2% | $949,725▲2.4% | -$1,926,397▼9.9% | $4,236,141▼3.2% | 990 |
| 2016 | $774,482▲2.5% | $927,149▲0.9% | -$1,752,454▼9.5% | $4,374,396▼3.3% | 990 |
| 2015 | $755,271▲10.3% | $918,764▲5.7% | -$1,599,786▼11.4% | $4,521,846▼3.0% | 990 |
| 2014 | $684,920▲1.1% | $869,086▲0.5% | -$1,436,293▼14.7% | $4,663,936▼3.7% | 990 |
| 2013 | $677,559 | $864,620▲0.9% | -$1,252,127▼17.6% | $4,844,005▼3.4% | 990 |
| 2012 | — | $856,804▲5.5% | -$1,065,066▲18.1% | $5,016,194▲1.1% | 990 |
| 2011 | — | $812,197▲5.5% | -$1,300,429▲17.3% | $4,963,423▲8.2% | 990 |
| 2010 | — | $769,999 | -$1,572,003 | $4,586,938 | 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.
Similar organizations in Housing
Housing
Community Opportunity Fund
Cold Spring, NY
$1.2M
Bannual revenue
- Housing
Community Inclusion Inc
Jamestown, NY
$1.2M
Dannual revenue
- Housing
Gates Plaza Housing Development Fund Company Inc
Brooklyn, NY
$1.1M
Fannual revenue
Housing
Hudson House Housing Development Fund Company Inc
Riverdale, NY
$1.1M
Dannual revenue
Housing
Fort Schuyler House Inc
Bronx, NY
$1.1M
Bannual revenue
Housing
Neighbors Helping Neighbors Inc
Brooklyn, NY
$1.2M
Bannual revenue
Housing
Stoneleigh Housing Inc
Canastota, NY
$1.1M
Bannual revenue
- Housing
Metro North Gardens Housing Development Fund Corporation
Bronx, NY
$1.1M
Cannual revenue
Housing
Jubilee Homes of Syracuse Inc
Syracuse, NY
$1.1M
Bannual revenue
- Housing
Umma Foundation Inc
Stanton Island, NY
$1.1M
C+annual revenue
Compare K&l Housing Developement Fund Company Inc
Frequently asked questions
- Is K&l Housing Developement Fund Company Inc a legitimate nonprofit?
- Yes. K&l Housing Developement Fund Company Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3957282, based in New York, New York. Donations are tax-deductible.
- What is K&l Housing Developement Fund Company Inc's EIN?
- K&l Housing Developement Fund Company Inc's Employer Identification Number (EIN) is 13-3957282.
- How much revenue does K&l Housing Developement Fund Company Inc report?
- K&l Housing Developement Fund Company Inc reported $1,157,184 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does K&l Housing Developement Fund Company Inc have?
- CharityIndex grades K&l Housing Developement Fund Company Inc D, based on financial health (reserves and operating margin).
More nonprofits in New York
Explore more
Data for K&l Housing Developement Fund Company Inc (EIN 13-3957282) 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.