Austin Affordable Housing Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ENSURE AND PRESERVE QUALITY, AFFORDABLE HOUSING OPPORTUNITIES FOR LOW- TO MODERATE-INCOME FAMILIES IN AUSTIN AS WELL AS PROVIDE FINANCIAL LITERACY AND HOMEOWNERSHIP OPPORTUNITIES.
- Income
- $46.6 million
- Spending
- $31.7 million
- Spent on programs
- 68%
- Reserves
- 29.1 months of spending
- Largest source of income
- fees for its services, 89%
- Employees
- 0
- Highest pay
- $250,968, vice preside
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 85% of charities in its peer group (housing, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 29.1 months of spending.
Debt
10 of 20It owes 38% of what it owns.
Living within its means
15 of 15Income exceeded spending by 32% of income.
Income trend
15 of 15Income rose 34% on the year before.
Spending floor
15 of 1568% of spending went to programs.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 72 out of 100. Higher than 8% of charities in its peer group (housing, $10m to $100m).
Independent board
5 of 250 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $21.6 million spent. PROVIDES SOCIAL AND HUMAN SUPPORT SERVICES, SUCH AS EDUCATIONAL PROGRAMS, TRAINING PROGRAMS, AND FAMILY COUNSELING IN ORDER TO PROMOTE THE HEALTH AND WELFARE OF ITS RESIDENTS AND A DOWN PAYMENT ASSISTANCE PROGRAM TO ASSIST FIRST-TIME HOMEBUYERS WHO ARE RESIDENTS OF PUBLIC HOUSING OR THE HOUSING CHOICE VOUCHER PROGRAM.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.