Housing Options & Planning Enterprises Inc

Analysis

Housing Options & Planning Enterprises Inc is a registered charity in United States, based in Oxon Hill, MD. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Housing Options & Planning Enterprises Inc reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $363k to $1.1m (+214%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Housing Options & Planning Enterprises Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Marinette County Elderly Services ($1.1m), Eden Centers ($1.1m) and Georgia Community Action Association Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $107k (9.6% of expenses). Other salaries and wages came to $503k. At year end it held assets of $762k against liabilities of $585k, net assets of $177k. It reported 12 employees.