Housing Opportunites Team

Analysis

Housing Opportunites Team is a registered charity in United States, based in Milwaukie, OR. It received its IRS tax-exemption ruling in December 2004, 22 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 December 2023, Housing Opportunites Team reported income of $164k and spending of $206k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $164k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Opportunites Team sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within OR. Charities of a similar size with the same main cause include Hometown Apartments Inc ($164k), Russellville Senior Housing Inc ($164k) and Rodman Commons Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $40k, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.