Affordable Housing Access Inc

Analysis

Affordable Housing Access Inc is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in May 2000, 26 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 Access Inc reported income of $14.9m and spending of $14.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.9m to $14.9m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 37%. 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, Affordable Housing Access Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Delta Community Developers Corp ($14.9m), Neighborhood in Rio Rancho ($14.9m) and Canterbury Place ($14.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $3.2m (22% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $80.5m against liabilities of $50.1m, net assets of $30.4m. It reported 13 employees.