Northern Virginia Affordable Housing Alliance

Analysis

Northern Virginia Affordable Housing Alliance is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in September 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 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, Northern Virginia Affordable Housing Alliance reported income of $399k and spending of $290k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $232k to $399k (+72%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Northern Virginia Affordable Housing Alliance sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include West Boulevard Neighborhood Coalition ($399k), A & S Community Development Corporation ($400k) and Senior Heritage Plaza Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $118k (41% of expenses). Other salaries and wages came to $58k. At year end it held assets of $279k against liabilities of $599, net assets of $279k. It reported 4 employees.