Affordable Housing Preservation Foundation

Analysis

Affordable Housing Preservation Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1989, 37 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).

In the financial year ending June 2023, Affordable Housing Preservation Foundation reported income of $94k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $118k to $94k (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 17% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing Preservation Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Wheatley Manor Apartments Inc ($94k), Residence Connection Inc ($94k) and Cedar Park Inc ($94k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 41% of the total. At year end it held assets of $3.0m against liabilities of $497k, net assets of $2.5m.