Apropos-Housing Opportunities and Management Enterprises Inc

Analysis

Apropos-Housing Opportunities and Management Enterprises Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Apropos-Housing Opportunities and Management Enterprises Inc reported income of $1.5m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.5m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Apropos-Housing Opportunities and Management Enterprises Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include The Coalition of Florida Farmworker ($1.5m), Homes Are Possible Inc ($1.5m) and Serene Harbor Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $100k (7.6% of expenses). Other salaries and wages came to $485k. At year end it held assets of $3.8m against liabilities of $1.5m, net assets of $2.4m. It reported 11 employees.