Columbus Affordable Housing Services Inc

Analysis

Columbus Affordable Housing Services Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Columbus Affordable Housing Services Inc reported income of $2.0m and spending of $682k, leaving 66% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $13.5m to $2.0m (-85%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 5.7% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Columbus Affordable Housing Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.0m), Midwest Affordable Housing Corporation ($2.0m) and The@kelsey ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $73k (11% of expenses). Other salaries and wages came to $32k. At year end it held assets of $27.4m against liabilities of $3,111, net assets of $27.4m. It reported 2 employees.