Charity Search / ALLEN AFFORDABLE HOUSING DEVELOPMENT FUND CORP
Housing & Shelter (L21) 990 on File

ALLEN AFFORDABLE HOUSING DEVELOPMENT FUND CORP

EIN: 11-3143495 · JAMAICA, NY 11434-1234 · United States · FY 2024 Data
2 out of 5 39 / 100 Based on 2+ years of filings
Financial strength (30%) 46/100
Reliability (20%) 55/100
Effectiveness (25%) 56/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$821K
Total Revenue
$336K
Total Expenses
$-295,315
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 97.0%
Fundraising Efficiency N/A
Operating Reserve -10.55x
Liability-to-Asset 232.8%
Revenue Diversification 92.0%
Compared with Peers
FY 2024
Compared with 5,473 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
97.0% 87.3%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
3.0% 11.7%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-10.6 mo 13.6 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
232.8% 25.2%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
92.0% 91.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
190.0% 5.0%
P10P90
Expense growth
Year over year expense growth
10.8% 5.2%
P10P90
Surplus margin
Surplus as a share of revenue
59.1% -6.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $821K $336K $-295,315 97.0% 1
2023 $283K $303K $-780,100 93.8% 1
2022 $289K $315K $-759,809 92.0% 1
2021 $286K $445K $-733,015 57.1% 1
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Organization Details
EIN
11-3143495
State
NY
City
JAMAICA
ZIP
11434-1234
Classification
L21
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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