National Affordable Housing Trust Inc

Analysis

National Affordable Housing Trust Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 1987, 39 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 June 2023, National Affordable Housing Trust Inc reported income of $9.0m and spending of $8.4m, spending 93% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $5.1m to $9.0m (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Affordable Housing Trust Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Family Gateway Inc ($9.0m), Western Community Housing Inc ($9.1m) and Boulder Shelter for the Homeless Inc ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $2.5m (30% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $19.9m against liabilities of $8.0m, net assets of $11.9m. It reported 36 employees.