Operating record

Partnership For Housing Affordability

Richmond, VA · EIN 80-0099199 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$287,940$372,523−$84,58323.131%
2021$502,568$474,342$28,22618.852%
2022$921,605$500,859$420,74627.969%
2023$1,434,968$766,315$668,65328.749%

In its most recent public year (2023), this organization brought in $668,653 more than it spent. Its reserves stood at about 28.7 months of spending, up from 23.1 in 2020. Staff pay was 49% of spending. $1,021,805 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗