Charity Search / HOUSING OPPORTUNITIES HOUSING DEVELOPMENT FUND CORPORATION
Housing & Shelter (L20Z) 990 on File

HOUSING OPPORTUNITIES HOUSING DEVELOPMENT FUND CORPORATION

EIN: 16-1386456 · ROCHESTER, NY 14607-1910 · United States · FY 2024 Data
3 out of 5 41 / 100 Based on 2+ years of filings
Financial strength (30%) 49/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$275K
Total Revenue
$546K
Total Expenses
$-1,665,653
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.9%
Fundraising Efficiency N/A
Operating Reserve -36.63x
Liability-to-Asset 216.6%
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 5,473 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2024.
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
93.9% 87.3%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
6.1% 11.7%
P10P90
Above median
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
-36.6 mo 13.6 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
216.6% 25.2%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 91.7%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-2.4% 5.0%
P10P90
Expense growth
Year over year expense growth
8.7% 5.2%
P10P90
Surplus margin
Surplus as a share of revenue
-98.5% -6.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $275K $546K $-1,665,653 93.9% 0
2023 $282K $502K $-1,394,853 89.7% 0
2022 $263K $484K $-1,385,085 91.0% 0
2021 $256K $466K N/A 0
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Organization Details
EIN
16-1386456
State
NY
City
ROCHESTER
ZIP
14607-1910
Classification
L20Z
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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