Bernalillo County Affordable Housing Non-Profit

Analysis

Bernalillo County Affordable Housing Non-Profit is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 2017, 9 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 June 2023, Bernalillo County Affordable Housing Non-Profit reported income of $714k and spending of $632k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $714k (-54%), an average of -18% a year. The sharpest change came in the year to June 2020, when income rose by 461%. Over the whole period it spent 25% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bernalillo County Affordable Housing Non-Profit sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NM. Charities of a similar size with the same main cause include Venable Apartments I Inc ($714k), Erma Cava Housing Development Fund Company Inc ($714k) and Eke Inc ($714k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $1.5m against liabilities of $92k, net assets of $1.4m.