In Affordable Housing Corporation

Analysis

In Affordable Housing Corporation is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in May 1995, 31 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, In Affordable Housing Corporation reported income of $124k and spending of $214k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $194k to $124k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, In Affordable Housing Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within AR. Charities of a similar size with the same main cause include Exodus Community Services Inc ($124k), Dev Partnerships Inc ($124k) and Cranford Affordable Senior Housing Corporation ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $114k. At year end it held assets of $193k against liabilities of $112k, net assets of $81k. It reported 2 employees.