Affordable Housing America Inc

Analysis

Affordable Housing America Inc is a registered charity in United States, based in Smyrna, GA. It received its IRS tax-exemption ruling in September 2005, 21 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 2020, Affordable Housing America Inc reported income of $4.7m and spending of $2.4m, leaving 50% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $2.6m to $4.7m (+82%), an average of +82% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing America Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Friends of the North Country Inc ($4.7m), Arkansas Sheriffs Youth Ranches Inc ($4.7m) and Koochiching Health Services ($4.7m).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 22% of the total. Compensation of current officers, directors and key employees was $271k (11% of expenses). Other salaries and wages came to $323k. At year end it held assets of $4.5m against liabilities of $4.2m, net assets of $221k. It reported 6 employees.