Fellowship Housing Opportunities Inc

Analysis

Fellowship Housing Opportunities Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in September 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Fellowship Housing Opportunities Inc reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $1.3m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fellowship Housing Opportunities Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NH. Charities of a similar size with the same main cause include Armenian Youth Federation Youth Organization of the Armenian Revol ($1.3m), Warren W Cherry Preschool ($1.3m) and Jewish Review of Books Foundation ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $92k (8.0% of expenses). Other salaries and wages came to $481k. At year end it held assets of $3.7m against liabilities of $1.4m, net assets of $2.3m. It reported 21 employees.