Affordable Housing Management Assoc-Northern California and Hawa

Analysis

Affordable Housing Management Assoc-Northern California and Hawa is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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 December 2023, Affordable Housing Management Assoc-Northern California and Hawa reported income of $506k and spending of $561k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $860k to $506k (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Affordable Housing Management Assoc-Northern California and Hawa sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Mississippi Ednet Institute Inc ($506k), Cacapon Institute ($506k) and Georgia Brown Blosser Home for the Aged ($506k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $103k against liabilities of $39k, net assets of $64k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.