Affordable Housing Association

Analysis

Affordable Housing Association is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in September 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 Association reported income of $286k and spending of $86k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $297k to $286k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 14% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Housing Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Springboard Landings Inc ($286k), Pioneer Homestead ($286k) and Volunteers of America Inc ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $1.9m against liabilities of $465k, net assets of $1.5m.