Affordable Housing Community Services

Analysis

Affordable Housing Community Services is a registered charity in United States, based in Newberry, SC. It received its IRS tax-exemption ruling in October 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Affordable Housing Community Services reported income of $64k and spending of $106k, spending 166% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $70k to $64k (-8.9%), an average of -1.8% a year. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing Community Services sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 31st percentile within SC. Charities of a similar size with the same main cause include Community Apartments Corporation of Iredell County ($64k), Spectrum for Living Glen Rock Property Inc ($64k) and Cape May Project Inc ($64k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.0m against liabilities of $7,168, net assets of $994k.