Fort Worth Affordability Inc

Analysis

Fort Worth Affordability Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2008, 18 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, Fort Worth Affordability Inc reported income of $914k and spending of $85, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $914k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 624%. Over the whole period it spent 8.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fort Worth Affordability 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 82nd percentile within TX. Charities of a similar size with the same main cause include North Country Affordable Housing Inc ($914k), Andrew Kim House Inc ($915k) and Avenue of the Arts Presbyterian-Psc Apartments Inc ($914k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $26.8m against liabilities of $10.4m, net assets of $16.4m.