Affordable Housing Institute

Analysis

Affordable Housing Institute is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Affordable Housing Institute reported income of $2.1m and spending of $1.6m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.1m (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Affordable Housing Institute sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Global Health Council Inc ($2.1m), The Sisterhood Is Global Institute Inc ($2.1m) and Freedom International Ministries Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $364k. At year end it held assets of $2.4m against liabilities of $1.6m, net assets of $828k. It reported 5 employees.