Urban Suburban Affordables Inc

Analysis

Urban Suburban Affordables Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Urban Suburban Affordables Inc reported income of $104k and spending of $109k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $118k to $104k (-12%), an average of -3.0% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Urban Suburban Affordables Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Luxora Garden Apartments Inc ($104k), Gettysburg Cares Inc ($104k) and F W Residential Properties Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.4m against liabilities of $413, net assets of $4.4m.