Housing Opportunities Mader Easier

Analysis

Housing Opportunities Mader Easier is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in July 2008, 18 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 Opportunities Mader Easier reported income of $96k and spending of $83k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $96k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Opportunities Mader Easier sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Antioch Development Corporation ($96k), Cascade Meadows Senior Apartments ($96k) and Thi-5 ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Other salaries and wages came to $58k. At year end it held assets of $154k against liabilities of $299, net assets of $153k. It reported 1 employees.