Woodland Housing Opportunities Inc

Analysis

Woodland Housing Opportunities Inc is a registered charity in United States, based in Gallipolis, OH. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Woodland Housing Opportunities Inc reported income of $120k and spending of $176k, spending 147% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $142k to $120k (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodland Housing Opportunities Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Texas Institute of Letters ($120k), Colwich City Township ($120k) and Valor Classical Christian Academy Inc ($120k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $20k. At year end it held assets of $476k against liabilities of $924k, net assets of -$448k.

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.