Affordable Community Housing Inc

Analysis

Affordable Community Housing Inc is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in March 1946, 80 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 Community Housing Inc reported income of $78k and spending of $79k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $83k to $78k (-5.7%), an average of -1.5% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Community Housing Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Middletown Homes Inc ($78k), SHDC No 9 Inc ($78k) and Exodus Ministries ($78k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $193k against liabilities of $274k, net assets of -$80k.