Affordable Housing Projects of Orange County Inc

Analysis

Affordable Housing Projects of Orange County Inc is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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 March 2023, Affordable Housing Projects of Orange County Inc reported income of $219k and spending of $306k, spending 139% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $216k to $219k (+1.6%), an average of +0.5% a year. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Affordable Housing Projects of Orange County Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Kings Bay Youth Organization Inc ($219k), Ashford Hollow Foundation for the Visual Performing Arts ($219k) and Alpha Gamma Rho Lambda Chapter Educational Foundation ($219k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $2.0m against liabilities of $2.4m, net assets of -$388k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.