Westside Affordable Housing Inc

Analysis

Westside Affordable Housing Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Westside Affordable Housing Inc reported income of $63k and spending of $459k, spending 722% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $92k to $63k (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2022, when income rose by 1112%. Over the whole period it spent 52% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Westside Affordable Housing Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within GA. Charities of a similar size with the same main cause include Lake Area Helping Hands Inc ($63k), Haven Housing Inc ($64k) and Southern Indiana Housing Development Corp ($63k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $38.8m against liabilities of $40k, net assets of $38.7m.