Public Charity

1260 HOUSING DEVELOPMENT CORPORATION

1260 HOUSING DEVELOPMENT CORPORATION is a Public Charity headquartered in PHILADELPHIA, PA. Financial data from the 2025 filing: $27.2M revenue, $16.8M expenses, $84.6M total assets. 1 publicly reported grants to this organization, totaling roughly $30K, appear in IRS filings.

EIN: 232536730 PHILADELPHIA, PA Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$27.2M
Total Expenses$16.8M
Total Assets$84.6M
Grant Records1
Funding Total$30K
Filing Years2021–2025

Mission

1260 HOUSING DEVELOPMENT CORPORATION IS A NOT-FOR-PROFIT CORPORATION ESTABLISHED FOR THE PURPOSE OF DEVELOPING, ACQUIRING, FINANCING, AND MANAGING LOW-INCOME PERMANENT HOUSING FOR INDIVIDUALS WITH BEHAVIORAL HEALTH ISSUES, AS WELL AS INDIVIDUALS IN NEED OF TRANSITIONAL AND EMERGENCY HOUSING IN THE CITY OF PHILADELPHIA, PENNSYLVANIA.

Where $100 goes at 1260 Housing Development Corporation

How 1260 Housing Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$86
Affordable housing program
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2020
CAPACITY BUILDING
$30,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Beverly Woods
BOARD MEMBER Caitlin Gossen
VICE PRESIDENT & COO Chip Darling
BOARD MEMBER Edward Barnett
BOARD MEMBER James Kilcoyne
BOARD MEMBER John Maneval

Officer compensation and complete director data available with membership.

Top Grant Purposes

Training & Professional Development
$30,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $27.2M $16.8M $84.6M
2024 $19.8M $16.3M $83.9M
2023 $15.7M $16.0M $83.7M
2022 $16.9M $16.4M $77.3M
2021 $16.6M $15.9M $76.0M

Between 2021 and 2025, reported annual revenue grew from $16.6M to $27.2M (+64%), with total assets most recently reported at $84.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for 1260 HOUSING DEVELOPMENT CORPORATION

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