Mrc-754 East 161st Street Housing Development Fund Corporation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Mrc-754 East 161st Street Housing Development Fund Corporation is a 501(c)(3) organization based in Bronx, New York, registered in 2022, with $1,211,943 in FY2022 revenue. CharityIndex grades it C+.
576 E 165th St Apt B, Bronx, NY, 10456 EIN 13-3833870 Since 2022
Revenue (FY2022)
$1.2M
▲ 11.8% vs prior year
Expenses (FY2022)
$967K
Net assets
$3.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Mrc-754 East 161st Street Housing Development Fund Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating39 mo reserves · +20% 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 Mrc-754 East 161st Street Housing Development Fund Corporation: 39 mo reserves · +20% margin earns a A 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 Mrc-754 East 161st Street Housing Development Fund Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Mrc-754 East 161st Street Housing Development Fund Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.1M (FY2020) to $1.2M (FY2022) across 3 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $1.6MNet assets $3.2M
Operating margin
20.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$1.6M
Net assets
$3.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $1,211,943▲11.8% | $967,471▼18.7% | $3,158,635▲8.1% | $4,768,025▲4.1% | 990 |
| 2021 | $1,084,489▼2.5% | $1,190,219▼3.2% | $2,922,529▼3.5% | $4,580,532▼5.2% | 990 |
| 2020 | $1,112,687 | $1,229,053 | $3,028,259 | $4,831,300 | 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 Mrc-754 East 161st Street Housing Development Fund Corporation a legitimate nonprofit?
- Yes. Mrc-754 East 161st Street Housing Development Fund Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3833870, based in Bronx, New York. Donations are tax-deductible.
- What is Mrc-754 East 161st Street Housing Development Fund Corporation's EIN?
- Mrc-754 East 161st Street Housing Development Fund Corporation's Employer Identification Number (EIN) is 13-3833870.
- How much revenue does Mrc-754 East 161st Street Housing Development Fund Corporation report?
- Mrc-754 East 161st Street Housing Development Fund Corporation reported $1,211,943 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Mrc-754 East 161st Street Housing Development Fund Corporation have?
- CharityIndex grades Mrc-754 East 161st Street Housing Development Fund Corporation C+, based on financial health (reserves and operating margin).
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Data for Mrc-754 East 161st Street Housing Development Fund Corporation (EIN 13-3833870) 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.