Affordable Homeownership Foundation Inc

Analysis

Affordable Homeownership Foundation Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Homeownership Foundation Inc reported income of $945k and spending of $753k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $945k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 66% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Affordable Homeownership Foundation Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Casa of Solano County ($944k), Everychild Inc ($946k) and Missouri Court Appointed Special Advocate Association ($944k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $72k (9.6% of expenses). Other salaries and wages came to $193k. At year end it held assets of $2.8m against liabilities of $581k, net assets of $2.2m. It reported 8 employees.