#264 of 500 · Foundation / Grantmaker / DAF

Foundation For Affordable Rental Housing Holdings Inc

EIN 20-2563055 · GA · NTEE L20 · Form 990, fiscal 2023

Supports the provision of affordable rental housing for low-income individuals and families. It functions as a holding and support entity that coordinates activities and furthers the exempt purposes of affiliated organizations owning and operating affordable multifamily housing properties in various U.S. states.

Financials, fiscal 2023

Revenue

$569.6M

Expenses

$135.3M

Total assets

$702.1M

Net assets

$476.2M

Operating margin

76.2%

1-year growth

402.1%

5-year growth (CAGR)

89.6%

Reserve (years of spending)

42.2

Contributions share

0.1%

Programme spending

41.9%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

$40.0M

Years filing

18

NFP Health Score: 83 / 100

Financial 70 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To coordinate activities and further the exempt purpose of other entities that provide low-income housing to individuals needing public housing assistance.

Revenue history