The Affordable Housing Trust for Columbus & Franklin County

Analysis

The Affordable Housing Trust for Columbus & Franklin County is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 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 (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, The Affordable Housing Trust for Columbus & Franklin County reported income of $19.4m and spending of $4.9m, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.0m to $19.4m (+94%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 29% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Affordable Housing Trust for Columbus & Franklin County sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Polk County Housing Trust Fund ($19.3m), Poverello House ($19.4m) and Skidaway Health and Living Services Inc ($19.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $909k (18% of expenses). Other salaries and wages came to $528k. At year end it held assets of $154.2m against liabilities of $42.8m, net assets of $111.5m. It reported 21 employees.