Boston Affordable Housing Coalition Inc

Analysis

Boston Affordable Housing Coalition Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in April 1985, 41 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, Boston Affordable Housing Coalition Inc reported income of $219k and spending of $236k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $219k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Boston Affordable Housing Coalition Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Jamestown Lutheran Housingcorporation ($219k), Auglaize Housing Development Inc ($219k) and Ecoa Elderly Housing Corporation ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $70k (30% of expenses). Other salaries and wages came to $62k. At year end it held assets of $104k against liabilities of $17k, net assets of $87k. It reported 6 employees.