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Maryland · Nonprofit

NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC

NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC (Maryland) receives grants from 10 organizations whose IRS filings report $292,104,135 to it, the largest being DOGWOOD HOUSING INC ($63,899,677). 9 of them have funded it in more than one year.

$8.4M
Revenue FY2024
10
Funders on record
$292M
Grants received
$272M
Net assets
9/10 repeat fundersgrants exceed reported revenue in one year

Against its field

NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC runs a healthier operating margin than three-quarters of the 3,969 housing & shelter nonprofits its size.

Operating margin32% · top quartile
Months of reserve37.2mo · top quartile
Revenue growth (annualized)−14% · bottom quartile

this organization peer median middle 50% of peers· 3,969 housing & shelter nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($25M) Expenses 100 ($6.3M) Net assets 100 ($172M)2018 Revenue 80 ($20M) Expenses 394 ($25M) Net assets 69 ($119M)2019 Revenue 145 ($36M) Expenses 300 ($19M) Net assets 79 ($136M)2020 Revenue 79 ($19M) Expenses 249 ($16M) Net assets 81 ($140M)2021 Revenue 216 ($53M) Expenses 175 ($11M) Net assets 106 ($182M)2022 Revenue 294 ($72M) Expenses 218 ($14M) Net assets 140 ($241M)2023 Revenue 162 ($40M) Expenses 186 ($12M) Net assets 156 ($269M)2024 Revenue 34 ($8.4M) Expenses 91 ($5.7M) Net assets 158 ($272M)
'17'18'19'20'21'22'23'24
Revenue (34)Expenses (91)Net assets (158)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 4,227 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$18M
17
$5.0M
18
$17M
19
$3.8M
20
$42M
21
$59M
22
$28M
23
$2.7M
24
37
months of
reserve
02Who funds it

Who funds it, year by year

2018 → 2023: the base narrowed from 8 funders to 2 funders, grant income fell $6.4M → $2.0M.

From the IRS filings of NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC has a broad base — no single funder exceeds 22% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

22%
largest funder
57%
top three
~7
effective funders

Largest funder’s share by year: 2018 42% · 2019 75% · 2020 20% · 2021 56% · 2022 28% · 2023 77%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

How long its funders stay

89% of NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC's funders are still giving 3 years after their first grant; 90% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC's grant income comes from Maryland funders.

MD

In-state vs out-of-state, by year

18
19
20
21
22
23
Maryland out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

8
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC?
NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC (Maryland) receives grants from 10 organizations whose IRS filings report $292,104,135 to it, the largest being DOGWOOD HOUSING INC ($63,899,677). 9 of them have funded it in more than one year.
How many funders does NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC have?
IRS filings report 10 organizations giving $292,104,135 in grants to NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC, 9 of which have funded it in more than one year.
Who is the largest funder of NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC?
DOGWOOD HOUSING INC is the largest funder on record, with $63,899,677 in grants. The full list of funders is on this page.
How can an organization like NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 10funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing