Tempe Coalition for Affordable Housing Inc

Analysis

Tempe Coalition for Affordable Housing Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in February 2021, 5 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, Tempe Coalition for Affordable Housing Inc reported income of $3.2m and spending of $812k, leaving 74% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.0m to $3.2m (+62%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 253%. Over the whole period it spent 18% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tempe Coalition for Affordable Housing Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include A Step to Freedom ($3.2m), Missing Middle Housing Fund ($3.2m) and Oneheart ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $18.8m against liabilities of $105k, net assets of $18.7m.