Affordable Housing TR

Analysis

Affordable Housing TR is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in August 2016, 10 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 (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 TR reported income of $135k and spending of $700, leaving 99% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $59k to $135k (+128%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 65% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing TR sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Mental Health Association Mohr Place Inc ($135k), Keweenaw County Housing Corporation ($135k) and Galveston Center for Innovation and Transformation ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.