Affordable Caring Housing Inc

Analysis

Affordable Caring Housing Inc is a registered charity in United States, based in College Station, TX. It received its IRS tax-exemption ruling in February 2002, 24 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 September 2023, Affordable Caring Housing Inc reported income of $186k and spending of $216k, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $264k to $186k (-30%), an average of -8.4% a year. The sharpest change came in the year to September 2020, when income rose by 46%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Caring Housing Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Westminster Foundation III Inc ($186k), Dwight Way Housing Inc ($186k) and Margaret B Mack Supportive Housingcorporation ($186k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 0.3% of the total. At year end it held assets of $651k against liabilities of $939k, net assets of -$288k. It reported 1 employees.