National Affordable Housing Foundation Inc

Analysis

National Affordable Housing Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 1996, 30 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 December 2023, National Affordable Housing Foundation Inc reported income of $912k and spending of $228k, leaving 75% of income unspent that year. The sharpest change came in the year to December 2022, when income dropped by 179%. Over the whole period it spent 65% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Affordable Housing Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Green Pasture Rest Home ($912k), Archuleta Housing Corp ($912k) and Independence House L L C ($911k).

Compensation of current officers, directors and key employees was $17k (7.5% of expenses). At year end it held assets of $17.6m against liabilities of $0, net assets of $17.6m.