Atlantic Housing Foundation Inc
4770 Iberia Ave Ste 100, Dallas, TX · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $120,912,541 | $117,636,361 | -$89,935,832 |
| FY2023 | $101,000,581 | $112,402,795 | -$97,811,403 |
| FY2022 | $98,028,406 | $106,224,237 | -$85,047,171 |
| FY2021 | $103,755,815 | $103,009,523 | -$76,936,320 |
| FY2020 | $148,610,400 | $93,995,028 | -$77,512,612 |
| FY2019 | $101,104,174 | $96,771,729 | -$131,957,984 |
| FY2018 | $65,025,066 | $68,244,258 | -$125,806,316 |
| FY2017 | $86,041,444 | $67,932,262 | -$122,417,124 |
| FY2016 | $66,862,186 | $65,889,333 | -$140,356,306 |
| FY2015 | $62,370,121 | $64,430,416 | -$140,774,249 |
| FY2014 | $97,886,807 | $65,182,979 | -$139,931,077 |
| FY2013 | $63,916,276 | $69,523,929 | -$176,191,083 |
| FY2012 | $59,024,599 | $70,174,771 | -$173,532,715 |
| FY2011 | $52,633,812 | $68,832,119 | -$164,610,183 |
Form 990 filings
The returns filed by Atlantic Housing Foundation Inc (EIN 57-1090154), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $104,486,232 | 86% |
| Other revenue | $16,426,309 | 14% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $115,083,554 | 98% |
| Management & general | $2,552,807 | 2% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 86% of total revenue in FY2024.
- Program services accounted for 98% of functional expenses, management & general 2%, and fundraising 0%.
- 98% of functional expenses went to program services in FY2024. That is higher than 85.1% of 47 Housing & Shelter organizations in TX.
- Net assets covered about -9.2 months of expenses at the end of the reporting year. That puts it in the 7th percentile among 1003 Housing & Shelter organizations in TX.
- Total revenue was the highest among 1029 Housing & Shelter organizations in TX.
- Total revenue rose from $52,633,812 in FY2011 to $120,912,541 in FY2024. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 14 reported years (FY2011, FY2012, FY2013, FY2015, FY2018, FY2022, FY2023).
- The highest revenue on record here is $148,610,400 in FY2020.
- Net assets grew from -$164,610,183 to -$89,935,832 between FY2011 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (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
To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons.
IRS status
| Ruling year | 2000 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | L25 — Housing & Shelter (in TX) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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