Public and Affordable Housing Research Corporation

Analysis

Public and Affordable Housing Research Corporation is a registered charity in United States, based in Cheshire, CT. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Public and Affordable Housing Research Corporation reported income of $1.2m and spending of $987k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $1.2m (+176%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Public and Affordable Housing Research Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include Gardena Senior Housing Inc ($1.2m), Pro Viviendas III Inc ($1.2m) and Hope Restorations Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.4% of the total. Other salaries and wages came to $494k. At year end it held assets of $234k against liabilities of $212k, net assets of $23k.