C a R Housing Affordability Fund

Analysis

C a R Housing Affordability Fund is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, C a R Housing Affordability Fund reported income of $420k and spending of $1.3m, spending 321% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $964k to $420k (-56%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 274%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, C a R Housing Affordability Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Care Housing Services Corporation ($420k), North Suffolk Group Homes Inc ($420k) and Habitat for Humanity International Inc ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $766k against liabilities of $90k, net assets of $676k.