Charity Search / HOUSING FIRST HOUSING DEVELOPMENT FUND CORP
Housing & Shelter (L20) 990 on File

HOUSING FIRST HOUSING DEVELOPMENT FUND CORP

EIN: 13-4135572 · MONTCLAIR, NJ 07042-3904 · United States · FY 2024 Data
2 out of 5 27 / 100 Based on 2+ years of filings
Financial strength (30%) 45/100
Reliability (20%) 40/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$34
Total Revenue
$136K
Total Expenses
$495K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 34.9%
Fundraising Efficiency N/A
Operating Reserve 43.57x
Liability-to-Asset 0.9%
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
34.9% 87.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
43.6 mo 13.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.9% 25.2%
P10P90
Top 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
-19.0% 5.0%
P10P90
Expense growth
Year over year expense growth
121.9% 5.2%
P10P90
Surplus margin
Surplus as a share of revenue
-400620.6% -6.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $34 $136K $495K 34.9%
2023 $42 $61K $631K 95.0% 0
2021 $10K $158K $932K 80.6% 0
2014 $180K $226K N/A 0
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Organization Details
EIN
13-4135572
State
NJ
City
MONTCLAIR
ZIP
07042-3904
Classification
L20
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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