Affordable Rent Project Inc

Analysis

Affordable Rent Project Inc is a registered charity in United States, based in Woodland HLS, CA. It received its IRS tax-exemption ruling in May 2013, 13 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 Rent Project Inc reported income of $178k and spending of $69k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $178k (+264%), an average of +264% a year. The sharpest change came in the year to December 2023, when income rose by 264%. Over the whole period it spent 53% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Rent Project Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Gabriels Horn Corporation ($178k), Niagara Village Housing Development Fund Company Inc ($178k) and Anderson Ludd Professional Office Building ($178k).

At year end it held assets of $244k against liabilities of $0, net assets of $244k.