Virginia · Nonprofit
Partnership for Housing Affordability
Partnership for Housing Affordability (Virginia) receives grants from 15 organizations whose IRS filings report $2,248,515 to it, the largest being NEW VENTURE FUND ($550,000). 9 of them have funded it in more than one year.
- Revenue FY2024
- $1.1M
- Funders on record
- 15
- Grants received
- $2.2M
- Net assets
- $1.9M
What Partnership for Housing Affordability does
Mission
In response to housing needs in our communities, we champion policies, developments, and programs for quality affordable housing in the Richmond region.
As stated on its FY2024 Form 990.
Programs
In 2024, PHA advanced regional housing solutions by partnering with Henrico County to establish and administer its $60M Affordable Housing Trust Fund, supporting hundreds of future affordable units. PHA also expanded capacity by hiring a full-time Development Director, strengthened regional policy coordination, and continued operating the Housing Resource Line to connect residents with critical housing support.
$858,219 spent98% of program spendingPHA's Housing Resource Line responded to more than 6,300 calls, resulting in 5,927 referrals, and $300,000 in financial assistance provided to local residents for housing needs.
$18,377 spent2% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $876,596.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.3M to $2.0M (+54%).
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.
Government-grant reliance: 2019 8% · 2020 14% · 2021 12% · 2022 14% · 2023 18% · 2024 23%. Grants only. Government contracts and fees sit inside program revenue.
94% of Partnership for Housing Affordability’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jovan Burton
Executive Director
Board chair
Nathalia Artus
Chairman
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 7 funders, grant income rose $35k → $302k.
2 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $1.4M from 4 payers (the payer shares this organization's board, largest The Community Foundation Inc). These are real filings, and they are not money Partnership for Housing Affordability raised.
From the IRS filings of Partnership for Housing Affordability’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Partnership for Housing Affordability has a broad base — no single funder exceeds 24% 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
63% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Partnership for Housing Affordability.
Largest funder’s share by year: 2017 86% · 2018 70% · 2019 68% · 2020 57% · 2021 47% · 2022 44% · 2023 36% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
83% of Partnership for Housing Affordability's funders are still giving 3 years after their first grant; 60% give in more than one year at all.
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
77% of Partnership for Housing Affordability's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $560k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Partnership for Housing Affordability holds deeper cash reserves than three-quarters of the 11,761 education nonprofits its size.
this organization peer median middle 50% of peers· 11,761 education nonprofits $1M–$10M, FY2024
Organizations like Partnership for Housing Affordability
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
48%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Richmond Association of REALTORS Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Partnership for Housing Affordability: 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.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Partnership for Housing Affordability?
- Partnership for Housing Affordability (Virginia) receives grants from 15 organizations whose IRS filings report $2,248,515 to it, the largest being NEW VENTURE FUND ($550,000). 9 of them have funded it in more than one year.
- How many funders does Partnership for Housing Affordability have?
- IRS filings report 15 organizations giving $2,248,515 in grants to Partnership for Housing Affordability, 9 of which have funded it in more than one year.
- Who is the largest funder of Partnership for Housing Affordability?
- NEW VENTURE FUND is the largest funder on record, with $550,000 in grants. The full list of funders is on this page.
- How can an organization like Partnership for Housing Affordability find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Partnership for Housing Affordability →
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 15 funders 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. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing