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Housing Options Made Easy Inc

RegisteredEIN 16-1370949Gowanda, NYHealth and saving lives
Income$9.1m2023-12
Spending$8.7msame year
Spent / received91%5-year average
Size in its cause83rd pctHealth and saving lives
Exempt since1994Publicly supported organisat
Employees172latest return

Analysis

Housing Options Made Easy Inc is a registered charity in United States, based in Gowanda, NY. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Housing Options Made Easy Inc reported income of $9.1m and spending of $8.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.3m to $9.1m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Housing Options Made Easy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Drug Abuse Foundation of Palm Beach County Inc ($9.1m), Center Street Community Clinic Inc ($9.1m) and Rural Alliance for Better Family Health ($9.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $5.5m against liabilities of $2.0m, net assets of $3.5m. It reported 172 employees.

Income and spending

$0$2.3m$4.5m$6.8m$9.1m2019 Income: $6,265,7892019 Spending: $5,676,19320192020 Income: $6,120,9962020 Spending: $6,079,51620202021 Income: $7,022,4112021 Spending: $6,143,52620212022 Income: $7,825,9732022 Spending: $6,582,48220222023 Income: $9,081,1462023 Spending: $8,670,2022023
IncomeSpending

Where the income comes from

  • Contributions & grants 78%
  • Program services 21%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Drug Abuse Foundation of Palm Beach County IncDelray Beach$9.1m
Center Street Community Clinic IncMarion$9.1m
Rural Alliance for Better Family HealthWest Plains$9.1m
Trust Women Foundation IncWichita$9.1m