National Affordable Housing Preservation Associates Inc

Analysis

National Affordable Housing Preservation Associates Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in July 1998, 28 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 June 2023, National Affordable Housing Preservation Associates Inc reported income of $1.0m and spending of $68k, leaving 93% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $63k to $1.0m (+1541%), an average of +154% a year. The sharpest change came in the year to June 2023, when income rose by 14262%. Over the whole period it spent 24% 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 Preservation Associates Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Wartburg Home Foundation Inc ($1.0m), Greater Baltimore Ahc Inc ($1.0m) and Affordable Housing Corporation of Glassboro ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.