Warren Housing Opportunities Corporation

Analysis

Warren Housing Opportunities Corporation is a registered charity in United States, based in Washington, NJ. It received its IRS tax-exemption ruling in October 1995, 31 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 (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, Warren Housing Opportunities Corporation reported income of $65k and spending of $119k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $70k to $65k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2022, when income rose by 442%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Warren Housing Opportunities Corporation sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Circus and Traveling Shows Retirement Project Inc ($65k), Illuminus Retirement Communities Inc ($65k) and Forrest City Independent Living Center Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $618k against liabilities of $24k, net assets of $594k.