Housing & Shelter
(L220)
IRS Verified
DX Registered
990 on File
AFFORDABLE LIVING FOR THE AGING
Financial strength (30%)
68/100
Reliability (20%)
55/100
Effectiveness (25%)
93/100
Impact (25%)
60/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Affording Living for the Aging (ALA) is a BIPOC-led nonprofit currently serving homeless, very low-income, and high-acuity individuals in Los Angeles ranging in ages from 5 to 105. ALA’s mission is to reduce disparities and promote housing and health equity by enabling access to affordable housing and health services for disadvantaged populations. ALA provides permanent affordable housing, intensive case management, shared housing, and linkages to community resources. We envision a community where all individuals – regardless of age, race, or socioeconomic status – have access to affordable healthcare, housing, and a network of supportive service
Financial Overview — FY 2024
$2.5M
Total Revenue
$2.9M
Total Expenses
$-1,206,506
Net Assets
13
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.8%
Fundraising Efficiency
N/A
Operating Reserve
-4.96x
Liability-to-Asset
111.0%
Revenue Diversification
53.8%
Executive Compensation
$390K
Compared with Peers
FY 2024
Compared with 2,572 similar organizations
(United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.8% | 87.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.7% | 10.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-5.0 mo | 12.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
111.0% | 39.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
53.8% | 89.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-0.3% | 6.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.1% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-15.2% | 3.0% |
P10P90
|
Impact
3 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Permanently Housed | 165 | $40,000.00 | — | Lifetime |
| Connected to housing and healthcare support to improve stability and health outcomes | 500 | $5,600.00 | — | Per Year |
| Connected to behavioral and physical healthcare and community support | 300 | $1,600.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.5M | $2.9M | $-1,206,506 | 82.8% | 13 |
| 2023 | $2.5M | $2.8M | $-716,890 | 83.3% | 23 |
| 2022 | $1.9M | $2.7M | $-429,343 | 83.3% | 23 |
| 2021 | $1.6M | $2.3M | $381K | 85.5% | 13 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.