Affordable Housing Group Inc

Analysis

Affordable Housing Group Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Affordable Housing Group Inc reported income of $122k and spending of $130k, spending 107% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $96k to $122k (+27%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing Group Inc 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 45th percentile within TX. Charities of a similar size with the same main cause include Wactor Gardens Inc ($122k), Crossing Outreach ($122k) and Dixieland Garden Senior Complex Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $59k (46% of expenses). At year end it held assets of $524k against liabilities of $709, net assets of $524k. It reported 1 employees.