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Virginia · Nonprofit

RICHMOND AFFORDABLE HOUSING INC

RICHMOND AFFORDABLE HOUSING INC (Virginia) receives grants from 1 organization whose IRS filings report $10,274,337 to it, the largest being Better Housing Coalition ($10,274,337). 1 of them have funded it in more than one year.

$2.2M
Revenue FY2024
1
Funders on record
$10M
Grants received
$6.7M
Net assets
1/1 repeat funderspeak grant-dependency 54%

Against its field

RICHMOND AFFORDABLE HOUSING INC holds deeper cash reserves than three-quarters of the 3,969 housing & shelter nonprofits its size.

Operating margin−69% · bottom quartile
Months of reserve27.9mo · top quartile
Revenue growth (annualized)10% · above the median

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 ($1.1M) Expenses 100 ($3.6M) Net assets 100 ($6.9M)2018 Revenue 180 ($2.0M) Expenses 63 ($2.3M) Net assets 82 ($5.6M)2019 Revenue 62 ($669k) Expenses 24 ($886k) Net assets 79 ($5.4M)2020 Revenue 102 ($1.1M) Expenses 27 ($977k) Net assets 81 ($5.6M)2021 Revenue 116 ($1.3M) Expenses 31 ($1.1M) Net assets 83 ($5.7M)2022 Revenue 72 ($785k) Expenses 33 ($1.2M) Net assets 77 ($5.3M)2023 Revenue 266 ($2.9M) Expenses 66 ($2.4M) Net assets 119 ($8.2M)2024 Revenue 200 ($2.2M) Expenses 101 ($3.7M) Net assets 97 ($6.7M)
'17'18'19'20'21'22'23'24
Revenue (200)Expenses (101)Net assets (97)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

Government-grant reliance: 2017 2%. Grants only. Government contracts and fees sit inside program revenue.

14% of RICHMOND AFFORDABLE HOUSING INC’s revenue is contributions — about as donation-reliant as the typical peer (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. 5 of the last 8 reported years ran a deficit.

$2.6M
17
$329k
18
$216k
19
$133k
20
$136k
21
$422k
22
$483k
23
$1.5M
24
28
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $242k → $0.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1
1
1
1

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

Where its funders are

100% of RICHMOND AFFORDABLE HOUSING INC's grant income comes from Virginia funders.

VA

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

17
18
19
20
21
22
Virginia 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 RICHMOND AFFORDABLE HOUSING 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 Virginia

Nationally

04Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

5
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

66%

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

Footprint & structure

Part of a family of 30 related entities

  • Winchester Commons I LLC · disregarded
  • Winchester Commons II LLC · disregarded
  • Lafayette Gardens LLC · disregarded
  • Better Housing Coalition · exempt
  • Affordable Residences in Chesterfield · exempt

Screen this organization

A dated, signed PDF of the compliance screen for RICHMOND AFFORDABLE HOUSING 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 RICHMOND AFFORDABLE HOUSING INC?
RICHMOND AFFORDABLE HOUSING INC (Virginia) receives grants from 1 organization whose IRS filings report $10,274,337 to it, the largest being Better Housing Coalition ($10,274,337). 1 of them have funded it in more than one year.
How many funders does RICHMOND AFFORDABLE HOUSING INC have?
IRS filings report 1 organization giving $10,274,337 in grants to RICHMOND AFFORDABLE HOUSING INC, 1 of which have funded it in more than one year.
Who is the largest funder of RICHMOND AFFORDABLE HOUSING INC?
Better Housing Coalition is the largest funder on record, with $10,274,337 in grants. The full list of funders is on this page.
How can an organization like RICHMOND AFFORDABLE HOUSING INC 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.

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 1funders 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