Affordable Housing Key Partners

Analysis

Affordable Housing Key Partners is a registered charity in United States, based in Lompoc, CA. It received its IRS tax-exemption ruling in October 2018, 8 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 December 2023, Affordable Housing Key Partners reported income of $4.0m and spending of $253k, leaving 94% of income unspent that year. Over the whole period it spent 6.3% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Affordable Housing Key Partners sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Milwaukee Jewish Day School Inc ($4.0m), Yanney Heritage Park Foundation ($4.0m) and Country Day School ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. At year end it held assets of $4.5m against liabilities of $721k, net assets of $3.8m.