Preserving Affordable Housing Longterm is a 501(c)(3) organization based in E Palo Alto, California, registered in 2014, with $94,610 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$95K
▼ 9.6% vs prior year
Housing median: $408K
Expenses (FY2024)
$146K
Net assets
$883K
Employees
—
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 Preserving Affordable Housing Longterm— 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 Preserving Affordable Housing Longterm: 73 mo reserves · -54% margin earns a F 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 Preserving Affordable Housing Longterm— 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 Preserving Affordable Housing Longterm: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $664K (FY2021) to $95K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-54.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$617K
Net assets
$883K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $94,610▼9.6% | $145,659▲28.8% | $882,617▼5.5% | $1,499,175▲3.3% | 990 |
| 2023 | $104,702▼59.2% | $113,132▲118% | $933,666▼1.5% | $1,451,124▲6.1% | 990 |
| 2022 | $256,761▼61.3% | $52,004▲113% | $947,776▲27.6% | $1,367,776▲81.5% | 990 |
| 2021 | $664,280 | $24,422 | $743,019 | $753,768 | 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.
7 grants to Preserving Affordable Housing Longterm totaling $884K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | Housing and transportation | 2024 | $50,000 |
| Rsf Social Finance Inc | For general operating support | 2023 | $60,000 |
| Philanthropic Ventures Foundation | Placekeeping for the placekeepers | 2021 | $520,000 |
| Silicon Valley Community Foundation | Housing and transportation | 2021 | $100,000 |
| San Francisco Foundation | Program - to support preserving affordable housing project that focuses on empowering the spanish-speaking residents in an east palo alto mobile home community to know their rights and options for purchasing their units and to be able to make informed decisions on the future of their housing. | 2021 | $20,000 |
| Silicon Valley Community Foundation | Housing and transportation | 2020 | $85,875 |
| San Francisco Foundation | Program - challenge grant community partner support for east palo alto. program - challenge grant community partner support for east palo alto | 2020 | $48,000 |
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Data for Preserving Affordable Housing Longterm (EIN 47-1378241) 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.