Affordable Housing Opportunities Inc

Analysis

Affordable Housing Opportunities Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2007, 19 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, Affordable Housing Opportunities Inc reported income of $3.4m and spending of $3.9m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.4m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 726%. Over the whole period it spent 54% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing Opportunities Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 75th percentile within DC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($3.4m), Heartland Independent Living Center ($3.4m) and Newspirit Village ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $51.5m against liabilities of $28.2m, net assets of $23.3m.