American Association of Residential Mortgage Regulators

Analysis

American Association of Residential Mortgage Regulators is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in December 1990, 36 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, American Association of Residential Mortgage Regulators reported income of $445k and spending of $432k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $445k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, American Association of Residential Mortgage Regulators sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Asbury Arms North Inc ($445k), Lee Central Enriched Housing Inc ($446k) and Community Housing Fund ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. At year end it held assets of $361k against liabilities of $15k, net assets of $346k.