Vista Affordable Housing Inc

Analysis

Vista Affordable Housing Inc is a registered charity in United States, based in Dearborn HTS, MI. It received its IRS tax-exemption ruling in February 2010, 16 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, Vista Affordable Housing Inc reported income of $303k and spending of $314k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $303k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vista Affordable Housing Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Housing Works Lyman Prospect Housing Development Fund Corporati ($302k), Ahepa 310 of Citronelle Inc ($303k) and 280 East 166th Street Housing Development Fund Corp ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.9% of the total. Other salaries and wages came to $32k. At year end it held assets of $577k against liabilities of $525k, net assets of $51k.