Affordable Housing Care

Analysis

Affordable Housing Care is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in February 2019, 7 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, Affordable Housing Care reported income of $129k and spending of $144k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $184k to $129k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing Care sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include St Matthias Senior Housing Inc ($129k), Rose Michael Gardens NFP ($129k) and Family Initiative of Huron County Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $9,030, net assets of $70k.