Our Fathers Affordable Housing Foundation

Analysis

Our Fathers Affordable Housing Foundation is a registered charity in United States, based in Fairview, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Our Fathers Affordable Housing Foundation reported income of $77k and spending of $122k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $466k to $77k (-84%), an average of -36% a year. The sharpest change came in the year to December 2022, when income rose by 120%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Our Fathers Affordable Housing Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Fernley Community Foundation ($77k), Lions Club of San Antonio Charity Fund ($77k) and Wis Teq Neemit ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.