Housing & Shelter
(L22)
990 on File
NYSD FORSYTH HOUSING DEVELOPMENT FUND COMPANY INC
Financial strength (30%)
64/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$756K
Total Revenue
$1.1M
Total Expenses
$321K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.9%
Fundraising Efficiency
N/A
Operating Reserve
3.49x
Liability-to-Asset
90.7%
Revenue Diversification
96.7%
Compared with Peers
FY 2025
Compared with 1,101 similar organizations
(United States, Housing & Shelter, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.9% | 86.6% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.1% | 10.4% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.5 mo | 13.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
90.7% | 30.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.7% | 88.1% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-36.7% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.8% | 5.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-46.0% | 4.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $756K | $1.1M | $321K | 77.9% | 0 |
| 2024 | $1.2M | $937K | $669K | 84.8% | 0 |
| 2023 | $530K | $600K | $411K | 87.5% | 0 |
| 2022 | $1.7M | $914K | $481K | 86.8% | 0 |
| 2021 | $767K | $747K | N/A | — | 0 |
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