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Sebco Development Inc

Bronx, New York · EIN 13-2944013 · Housing & Shelter · tax-exempt since 1979

B

Charity Clarity grade B (score 73.8 of 100), based on the Form 990 for the year ended December 2024.

Graded against 30,563 housing & shelter nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.37.1 months42
GovernanceBoard independence, key policies and audit, per the 990.90% of practices90
Margin stabilityHow steady the surplus or deficit is year to year.96
Revenue spreadHow much revenue rests on one type of income.5% from one source61
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.95.7%not scored
Management costsShare of spending.4.3%not scored
Cost to raise $1Fundraising cost per dollar given.$0.00not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20172018201920202022202320242024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$1.82M$2.11M−$291K$6.52M37.141B
Apr 2024Form 990$2.72M$3.16M−$434K$6.81M25.947C
Apr 2023Form 990$2.66M$3.54M−$875K$7.24M24.626B
Apr 2022Form 990$1.20M$1.73M−$530K$8.12M56.321D
Apr 2020Form 990$1.86M$1.93M−$68K$8.47M52.725D
Apr 2019Form 990$2.00M$1.85M$152K$8.52M55.326C
Apr 2018Form 990$1.99M$1.81M$178K$8.35M55.230D
Apr 2017Form 990$1.88M$2.15M−$274K$8.17M45.630D

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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