C A R Housing Affordability Fund is a 501(c)(3) organization based in Sacramento, California, registered in 2002, with $1,409,548 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.4M
▲ 235.3% vs prior year
Housing median: $408K
Expenses (FY2024)
$1.2M
Net assets
$899K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for C A R Housing Affordability Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For C A R Housing Affordability Fund: 9 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for C A R Housing Affordability Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For C A R Housing Affordability Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $430K (FY2014) to $1.4M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
14.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$998K
Total liabilities
$99K
Net assets
$899K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,409,548▲235% | $1,206,548▼10.6% | $899,254▲33.1% | $998,249▲30.4% | 990 |
| 2023 | $420,324▼14.2% | $1,349,763▲3.4% | $675,576▼55.4% | $765,533▼52.7% | 990 |
| 2022 | $490,129▼67.9% | $1,305,283▲71.0% | $1,514,820▼41.1% | $1,619,380▼39.7% | 990 |
| 2021 | $1,525,536▲274% | $763,310▲35.1% | $2,573,396▲42.2% | $2,683,716▲40.7% | 990 |
| 2020 | $407,389▼57.7% | $564,881▼52.8% | $1,809,889▼5.0% | $1,907,049▼3.6% | 990 |
| 2019 | $964,111▲13.4% | $1,197,977▲77.7% | $1,905,558▼5.6% | $1,979,038▼4.5% | 990 |
| 2018 | $849,840▲51.8% | $674,309▼65.1% | $2,018,292▲3.5% | $2,072,659▲3.9% | 990 |
| 2017 | $559,891▲17.3% | $1,932,717▲363% | $1,950,827▼39.5% | $1,995,784▼38.9% | 990 |
| 2016 | $477,154▲11.0% | $417,279▲14.5% | $3,226,089▲8.9% | $3,265,801▲9.9% | 990 |
| 2014 | $429,984 | $364,363 | $2,963,343 | $2,972,033 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to C A R Housing Affordability Fund totaling $1.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| California Association of Realtors Inc | Advocacy | 2021 | $1,000,000 |
Explore more
Data for C A R Housing Affordability Fund (EIN 91-2157935) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.