Public And Affordable Housing Research Corporation
EIN: 451470844 · Cheshire, CT · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $987K |
| Net Assets | $23K |
Is Public And Affordable Housing Research Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Public And Affordable Housing Research Corporation
Public And Affordable Housing Research Corporation (EIN: 451470844) is a nonprofit organization based in Cheshire, CT, classified under NTEE code L80. The organization reported total revenue of $1.3M and total assets of $453K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Public And Affordable Housing Research Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Public And Affordable Housing Research Corporation is a mid-size nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $987K |
| Surplus / Deficit | +$187K |
| Total Assets | $234K |
| Total Liabilities | $212K |
| Net Assets | $23K |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 90.3% |
| Months of Reserves | 2.8 months |
Financial Health Grade: B
In 2023, Public And Affordable Housing Research Corporation reported a surplus of $187K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 90.3% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Public And Affordable Housing Research Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.6% | +33.9% | -40.4% |
| 2022 | +12.4% | +12.3% | +235.2% |
| 2021 | +19.3% | +11.1% | -75.4% |
| 2020 | +24.1% | +22.5% | +27.0% |
| 2019 | +19.6% | +36.6% | +41.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Public And Affordable Housing Research Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Public And Affordable Housing Research Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $187K, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.3%.
Frequently Asked Questions about Public And Affordable Housing Research Corporation
Is Public And Affordable Housing Research Corporation a legitimate charity?
Public And Affordable Housing Research Corporation (EIN: 451470844) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Public And Affordable Housing Research Corporation spend its money?
Public And Affordable Housing Research Corporation reported $1.3M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Public And Affordable Housing Research Corporation tax-deductible?
Public And Affordable Housing Research Corporation is registered as a tax-exempt nonprofit (EIN: 451470844). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Public And Affordable Housing Research Corporation located?
Public And Affordable Housing Research Corporation is headquartered in Cheshire, Connecticut and files with the IRS under EIN 451470844. It is classified under NTEE code L80.
How many years of IRS 990 filings does Public And Affordable Housing Research Corporation have?
Public And Affordable Housing Research Corporation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for Public And Affordable Housing Research Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Public And Affordable Housing Research Corporation's revenue has grown by 123.4%, moving from $525K to $1.2M. Total assets decreased by 45.9% over the same period, from $433K to $234K. Total functional expenses rose by 87.9%, from $525K to $987K. In its most recent filing year (2023), Public And Affordable Housing Research Corporation reported a surplus of $187K, with revenue exceeding expenses. The organization holds $212K in liabilities against $234K in assets (debt-to-asset ratio: 90.3%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $987K | $234K | $212K | — | — |
| 2022 | $708K | $737K | $393K | $557K | — | View 990 |
| 2021 | $630K | $657K | $117K | $253K | — | View 990 |
| 2020 | $528K | $591K | $476K | $585K | — | — |
| 2019 | $426K | $482K | $375K | $421K | — | View 990 |
| 2018 | $356K | $353K | $265K | $254K | — | View 990 |
| 2017 | $645K | $638K | $140K | $133K | — | View 990 |
| 2016 | $921K | $921K | $186K | $186K | — | View 990 |
| 2015 | $871K | $871K | $245K | $245K | — | View 990 |
| 2014 | $645K | $645K | $443K | $443K | — | View 990 |
| 2013 | $494K | $494K | $460K | $460K | — | View 990 |
| 2012 | $525K | $525K | $433K | $433K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $987K, and assets of $234K (revenue +65.6% year-over-year).
- 2022: Revenue of $708K, expenses of $737K, and assets of $393K (revenue +12.4% year-over-year).
- 2021: Revenue of $630K, expenses of $657K, and assets of $117K (revenue +19.3% year-over-year).
- 2020: Revenue of $528K, expenses of $591K, and assets of $476K (revenue +24.1% year-over-year).
- 2019: Revenue of $426K, expenses of $482K, and assets of $375K (revenue +19.6% year-over-year).
- 2018: Revenue of $356K, expenses of $353K, and assets of $265K (revenue -44.8% year-over-year).
- 2017: Revenue of $645K, expenses of $638K, and assets of $140K (revenue -29.9% year-over-year).
- 2016: Revenue of $921K, expenses of $921K, and assets of $186K (revenue +5.8% year-over-year).
- 2015: Revenue of $871K, expenses of $871K, and assets of $245K (revenue +34.9% year-over-year).
- 2014: Revenue of $645K, expenses of $645K, and assets of $443K (revenue +30.6% year-over-year).
- 2013: Revenue of $494K, expenses of $494K, and assets of $460K (revenue -5.9% year-over-year).
- 2012: Revenue of $525K, expenses of $525K, and assets of $433K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Public And Affordable Housing Research Corporation:
Data Sources and Methodology
This transparency report for Public And Affordable Housing Research Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.