Foundation for Affordable Housing II Inc

Analysis

Foundation for Affordable Housing II Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in April 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, Foundation for Affordable Housing II Inc reported income of $1.9m and spending of $1.5m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 146% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Foundation for Affordable Housing II Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Lake County Haven ($1.9m), Riverview Hope Campus ($1.9m) and Family Promise of Santa Clarita Valley ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $368k (24% of expenses). At year end it held assets of $1.8m against liabilities of $584k, net assets of $1.3m. It reported 1 employees.