Affordable Housing Preservation Foundation

Analysis

Affordable Housing Preservation Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1989, 37 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, Affordable Housing Preservation Foundation reported income of $584k and spending of $8,327, leaving 99% of income unspent that year. The sharpest change came in the year to June 2022, when income rose by 3786%. Over the whole period it spent -112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing Preservation Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Hudson Valley Housing Development Fund Company Inc ($583k), Bethel Ensley Action Tasks Inc ($584k) and Chaffee Housing Trust ($583k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 24% of the total. At year end it held assets of $28.4m against liabilities of $687k, net assets of $27.7m.