Loretto-malta Manor Housing Development Fund Company Inc is a 501(c)(3) organization based in Syracuse, New York, registered in 1999, with $330,815 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$331K
▲ 4.4% vs prior year
Housing median: $408K
Expenses (FY2024)
$396K
Net assets
$1.6M
Employees
—
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 Loretto-malta Manor 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 →
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 Loretto-malta Manor Housing Development Fund Company Inc: 49 mo reserves · -20% margin earns a C+ on this criterion. See the exact thresholds →
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 Loretto-malta Manor 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 →
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 Loretto-malta Manor Housing Development Fund Company Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $213K (FY2013) to $331K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-19.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$50K
Net assets
$1.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $330,815▲4.4% | $396,214▲3.8% | $1,606,749▼3.9% | $1,656,370▼3.7% | 990 |
| 2023 | $316,824▲12.7% | $381,834▼2.4% | $1,672,148▼3.7% | $1,719,288▼3.5% | 990 |
| 2022 | $281,217▲4.5% | $391,144▲16.6% | $1,737,158▼6.0% | $1,781,701▼5.1% | 990 |
| 2021 | $269,052▼3.5% | $335,421▲1.1% | $1,847,085▼3.5% | $1,877,717▼3.0% | 990 |
| 2020 | $278,689▲2.0% | $331,614▲2.7% | $1,913,454▼2.7% | $1,935,006▼2.5% | 990 |
| 2019 | $273,143▲4.8% | $322,816▲2.6% | $1,966,379▼2.5% | $1,984,002▼2.7% | 990 |
| 2018 | $260,732▲11.4% | $314,694▲8.4% | $2,016,052▼2.6% | $2,038,064▼2.7% | 990 |
| 2017 | $234,022▼19.6% | $290,248▲2.9% | $2,070,014▼2.6% | $2,094,205▼2.7% | 990 |
| 2016 | $291,068▲35.2% | $282,036▲4.5% | $2,126,240▲0.4% | $2,152,871▲0.4% | 990 |
| 2015 | $215,357▲0.1% | $269,859▼6.3% | $2,117,208▼2.5% | $2,143,616▼2.9% | 990 |
| 2014 | $215,234▲1.2% | $287,948▲2.0% | $2,171,710▼3.2% | $2,207,759▼2.7% | 990 |
| 2013 | $212,681 | $282,278▲3.4% | $2,244,424▼3.0% | $2,269,894▼3.1% | 990 |
| 2012 | — | $272,984▼8.0% | $2,314,021▼2.6% | $2,341,424▼2.4% | 990 |
| 2011 | — | $296,677▲4.6% | $2,375,857▼3.3% | $2,398,916▼3.1% | 990 |
| 2010 | — | $283,506 | $2,457,772 | $2,476,073 | 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.
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Data for Loretto-malta Manor Housing Development Fund Company Inc (EIN 16-1561842) 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.