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Washington, D.C. · Nonprofit

THC AFFORDABLE HOUSING INC

THC AFFORDABLE HOUSING INC (Washington, D.C.) receives grants from 1 organization whose IRS filings report $100 to it, the largest being The Bank of America Charitable Foundation Inc ($100). 0 of them have funded it in more than one year.

Revenue FY2024
$1.2M
Funders on record
1
Grants received
$100
Net assets
$6.5M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Thc Affordable Housing Inc does

Mission

To develop affordable housing through renovation, new construction, or preservation to meet the housing needs of very low, low-and moderate-income individuals and families in the washington, d.c. Metropolitan area.

As stated on its FY2024 Form 990.

Program

  1. Affordable housing - thcah develops affordable housing in washington, dc through renovation, new construction, and preservation projects to meet the housing needs of very low-, low-and moderate-income individuals and families. Resident services are provided at these developments to strengthen residents' financial independence, health, and housing security.

    $234,783 spent$1,150,161 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $234,783.

02The 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 ($309k) Expenses 100 ($263k) Net assets 100 ($3.8M)2018 Revenue 240 ($740k) Expenses 98 ($256k) Net assets 113 ($4.3M)2019 Revenue 71 ($218k) Expenses 96 ($251k) Net assets 118 ($4.5M)2020 Revenue 51 ($157k) Expenses 73 ($193k) Net assets 120 ($4.6M)2021 Revenue 213 ($657k) Expenses 98 ($258k) Net assets 131 ($5.0M)2022 Revenue 123 ($379k) Expenses 89 ($235k) Net assets 129 ($4.9M)2023 Revenue 248 ($764k) Expenses 71 ($188k) Net assets 147 ($5.6M)2024 Revenue 388 ($1.2M) Expenses 94 ($247k) Net assets 172 ($6.5M)
'17'18'19'20'21'22'23'24
Revenue (388)Expenses (94)Net assets (172)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $6.2M to $6.9M (+11%).

$4.5M
$4.8M
$4.8M
$5.0M
$5.7M
$5.8M
$6.2M
$6.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$46k
’17
$484k
’18
−$33k
’19
−$35k
’20
$399k
’21
$144k
’22
$576k
’23
$950k
’24
7.5
months of
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

Philip Hecht

President and CEO

Board chair

Phyllis Jordan

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2218171818161517
Joined·+4+1+1+2+2+5+2
No longer listed·8202460
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the IRS filings of THC AFFORDABLE HOUSING INC’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.

Where its funders are

THC AFFORDABLE HOUSING INC draws 100% of its grant income from funders outside Washington, D.C., across 1 state in all.

NC

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

THC AFFORDABLE HOUSING INC runs a healthier operating margin than three-quarters of the 3,973 housing & shelter nonprofits its size.

Operating margin79% · top quartile
Months of reserve7.5mo · above the median
Revenue growth (annualized)21% · top quartile

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like THC AFFORDABLE HOUSING INC

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 Washington, D.C.

Nationally

05Profile & governance

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

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

DC

Part of a family of 18 related entities

  • Transitional Housing Corporation · exempt
  • Webster Gardens LP · partnership
  • Partner Arms 4 LLC · partnership
  • Fort View LP · partnership
  • Hedin House Developer LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for THC 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.

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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 THC AFFORDABLE HOUSING INC?
THC AFFORDABLE HOUSING INC (Washington, D.C.) receives grants from 1 organization whose IRS filings report $100 to it, the largest being The Bank of America Charitable Foundation Inc ($100). 0 of them have funded it in more than one year.
How many funders does THC AFFORDABLE HOUSING INC have?
IRS filings report 1 organization giving $100 in grants to THC AFFORDABLE HOUSING INC.
Who is the largest funder of THC AFFORDABLE HOUSING INC?
The Bank of America Charitable Foundation Inc is the largest funder on record, with $100 in grants. The full list of funders is on this page.
How can an organization like THC AFFORDABLE HOUSING INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. 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 Thc Affordable Housing →

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 1 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 14, 2026. What this page cannot tell you · view filing