PRESERVATION OF AFFORDABLE HOUSING INC
2 OLIVER ST STE 500, BOSTON, MA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $136,682,612 | $118,586,483 | $374,487,082 |
| FY2023 | $145,471,919 | $112,661,144 | $341,850,679 |
| FY2022 | $148,472,316 | $104,649,164 | $302,169,093 |
| FY2021 | $179,190,346 | $108,485,924 | $256,108,913 |
| FY2020 | $79,483,292 | $79,535,205 | $190,506,867 |
| FY2019 | $78,311,476 | $65,418,348 | $188,967,020 |
| FY2018 | $68,336,137 | $58,698,616 | $182,528,295 |
| FY2017 | $71,537,739 | $52,802,513 | $171,712,074 |
| FY2016 | $55,974,122 | $40,380,590 | $160,678,345 |
| FY2015 | $38,514,806 | $32,414,639 | $143,027,710 |
| FY2014 | $39,037,562 | $30,016,610 | $136,927,543 |
| FY2013 | $58,247,981 | $27,502,874 | $130,442,033 |
| FY2012 | $55,491,195 | $4,049,508 | $96,167,218 |
| FY2011 | $3,148,722 | $2,375,640 | $44,725,531 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $15,063,643 | 12% |
| Program service revenue | $109,150,831 | 88% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $112,624,102 | 95% |
| Management & general | $5,326,672 | 4% |
| Fundraising | $635,709 | 1% |
What the numbers show
- Program service revenue made up 88% of total revenue in FY2024.
- Program services accounted for 95% of functional expenses, management & general 4%, and fundraising 1%.
- 95% of functional expenses went to program services in FY2024. That is higher than 87.8% of 49 Housing & Shelter organizations in MA.
- Net assets covered about 37.9 months of expenses at the end of the reporting year. That puts it in the 67th percentile among 597 Housing & Shelter organizations in MA.
- Total revenue was higher than 99.8% of 617 Housing & Shelter organizations in MA.
- Total revenue rose from $3,148,722 in FY2011 to $136,682,612 in FY2024, Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2020).
- The highest revenue on record here is $179,190,346 in FY2021.
- Net assets grew from $44,725,531 to $374,487,082 between FY2011 and FY2024.
- Contributions and grants made up 36% of revenue in FY2011 and 11% in FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
PRESERVATION OF AFFORDABLE HOUSING, INC. (POAH) WAS FORMED TO PRESERVE AND CREATE AFFORDABLE HOUSING FOR PERSONS IN NEED OF SUCH HOUSING.
IRS status
| Ruling year | 1999 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | L250 — Housing & Shelter |
| Donations | Donations are generally tax-deductible (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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